Multiple choice

Which of the given statements is/are incorrect?

  1. Sales Tax, Excise Duties, Customs Duties, etc. are major indirect taxes in India.
  2. Generally, the Government of India earns the maximum from Union Custom Duty.

  1. Only 1

  2. Only 2

  3. Both of these

  4. Neither of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Statement 1 is correct. Statement 2 is wrong: Generally, the Government of India earns the maximum from Union Excise Duty.