MCQOPTIONS
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| 1. |
Which of the following taxes are levied and collected by the center but their net proceeds are wholly transferred to states? [SSC " SAS 2010] |
| A. | Expenditure Tax and Gift tax |
| B. | Taxes, or Advertisement |
| C. | Stamps and Registration |
| D. | Additional duties of excise in lieu of Sales tax |
| Answer» C. Stamps and Registration | |