Millionaire Mode

Taxation of Sales and Use

Question 1 of 15

What is the difference between a sales tax and a use tax?

  1. A sales tax is imposed on the seller, while a use tax is imposed on the buyer.
  2. A sales tax is imposed on the sale of goods, while a use tax is imposed on the use of goods.
  3. A sales tax is imposed on the sale of goods and services, while a use tax is imposed on the use of goods and services.
  4. A sales tax is imposed on the sale of tangible personal property, while a use tax is imposed on the use of tangible personal property.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000