Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-1

  • question_answer
    Excise duty is the tax levied on

    A)  Production of goods

    B)  Import of goods

    C)  Sale of goods

    D)  Profits on sale of goods

    E)  Income from other sources

    Correct Answer: A

    Solution :

     Excise duty is the tax levied on the sale or production for sale of specific goods. It is an inland tax.


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