Economics · Economy
In the classification of various excise levies, which specific duty is defined as the standard tariff rate prescribed under the Central Excise Tariff Act?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Basic Excise Duty (BED)✓
- 2Tariff Value Surcharge
- 3National Calamity Contingent Duty (NCCD)
- 4Special Excise Duty (SED)
Correct answer
Basic Excise Duty (BED)
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