Multiple Choice Questions on The sales tax you pay while purchasing a toothpaste is a........ for RAS Exam Preparation

Budgeting and Fiscal policy

Indian Economic System(RAS)

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Indian Economy - Understanding the basics of Indian economic system

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    The sales tax you pay while purchasing a toothpaste is a

    tax imposed by the Central Government.

    Incorrect Answer

    tax imposed by the Central Government but collected by the State Government

    Incorrect Answer

    tax imposed by the State Government but collected by the Central Government

    Incorrect Answer

    tax imposed and collected by the State Government

    Correct Answer
    Explanation:

    The sales tax you pay while purchasing a toothpaste is a tax imposed and collected by the State Government.


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