Multiple choice

Taxing power in India is a two-tier structure. Consider the following:

(a) Levies on pre-production stage with centre (b) Levies on post-production stage with the states (c) Levies on international imports with the centre (d) Levies on exports with the states

Which of the above statements is/are incorrect?

  1. Both (a) and (c)

  2. Both (b) and (d)

  3. Only (c)

  4. Only (d)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Taxing pattern in India is a two-layer structure. Levies of excise duties are with the centre whereas VAT is levied at the state level.

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