Mr. Ram is a trader. He trades textiles. Does Mr.Ram need an excise clearance? Options: A . &nbsp Yes B . &nbsp No C . &nbsp Excise duty D . &nbsp All of the above

Mr. Ram is a trader. He trades textiles. Does Mr.Ram need an excise clea

Question -

Mr. Ram is a trader. He trades textiles. Does Mr.Ram need an excise clearance?

Options:

A . Yes

B . No

C . Excise duty

D . All of the above

Answer: Option B
:
B

No. Mr.Ram is a trader so he doesn't have to pay. Well, excise is paid on the manufacturing of goods and Mr.ram is a trader and not a manufacturer.

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