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SSC Sample Paper SSC CHSL (10+2) Sample Test Paper-6

  • question_answer
    For which tax, was constitutional status given much later after its introduction in a small way in 1994--95?

    A)  Customs Duty           

    B)  Corporation Tax

    C)  Taxes on Services         

    D)  Income Tax             

    Correct Answer: C

    Solution :

     Dr. Manmohan Singh, the then Union Finance Minister, in his Budget speech for the year 1994- 95 introduced the new concept of Service Tax. It was given constitutional status by Chapter VA of the Finance Act, 2003.


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