Multiple choice

Service tax, introduced in 1994, was initially imposed on three basic services. (a) Banking drafts (b) General Insurance (c) Telephone

Which of the above is incorrect?

  1. Only (a)

  2. Only (b)

  3. Only (c)

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Service tax was levied at the start on three basic services viz. general insurance, telephone and stock broking.

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