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Previous year MCQs
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Economy
UPPSC 1993 GS-I
Question
Which of the following is an indirect tax?
A)
Sales tax
B)
Income tax
C)
Excise duty
D)
Toll tax
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Answer & Solution
Answer:
(Detailed Solution Below)
Option A:
Sales tax
Detailed Solution:
The correct answer is
“Sales tax”.
Indirect taxes are those that are levied on the consumption of goods and services, and are ultimately borne by the consumer.
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