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Manisha Agrawal • 9.34K Points
Tutor III Economic

Q. Which from the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states?

  • (A) Taxes on Advertisement
  • (B) Stamps and Registration
  • (C) Expenditure Tax and Gift Tax
  • (D) Additional Duties of Excise in lieu of Sales Tax
  • Correct Answer - Option(A)
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  • Filed under category Economic

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