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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-6

  • question_answer
    A tax levied on the values that are added to goods and services by the producers at various stages of production and distribution is called --

    A)  Excise duty

    B)  Value Added Tax

    C)  Goods and Service Tax

    D)  Surcharge

    E)  Income Tax

    Correct Answer: B

    Solution :

     Value Added Tax is a tax levied on the values that are added to goods and services by the producers at various stages of production and distribution.


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