Which of the following assesses duties payable on imports and exports?

Which of the following assesses duties payable on imports and exports?

Answer Details

The organization that assesses duties payable on imports and exports is "Customs and Excise Authority". Customs and Excise Authority is a government agency responsible for enforcing customs laws and regulations related to international trade. They collect taxes, duties, and fees on imported goods as well as regulate the export of goods to other countries. When goods are imported or exported, the Customs and Excise Authority assesses the value of the goods and calculates the taxes, duties, and fees that must be paid by the importer or exporter. This helps to ensure that the government receives revenue from international trade and that imported goods are priced fairly compared to domestically produced goods. In summary, Customs and Excise Authority is responsible for collecting duties payable on imports and exports, and regulating international trade.