type the correct answer in the box. spell all words correctly. on what component is excise tax levied…

type the correct answer in the box. spell all words correctly. on what component is excise tax levied? excise tax is levied on the of goods and services.

type the correct answer in the box. spell all words correctly. on what component is excise tax levied? excise tax is levied on the of goods and services.

Answer

Brief Explanations:

Excise tax is a type of indirect tax that is levied on the manufacture, sale, or consumption of specific goods and services. It is typically imposed on items like alcohol, tobacco, gasoline, etc. The key component on which it is levied is the production of these goods and services.

Answer:

production