WAEC - Commerce (2000 - No. 11)
A refund of the duty collected on goods imported and processed for re-export is?
excise duty
excise draw back
preferential duty
value added tax
解释
Duty drawback is the refund of duties, certain taxes, and certain fees collected upon the importation of goods. Refunds are only allowed on the export/destruction of the imported merchandise or a valid substitute, or the export/destruction of a certain article manufactured from the imported merchandise or a valid substitute.