109
Question
_______ is chargeable from companies engaged in production of goods at applicable tariffs.
_______ is chargeable from companies engaged in production of goods at applicable tariffs.
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Solution
The correct option is D Goods & Service Tax
Goods and Services Tax is an indirect tax levied in India on the supply of goods and services. GST is levied at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer.
Goods and Services Tax is an indirect tax levied in India on the supply of goods and services. GST is levied at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer.
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