wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

On which of the following products the government imposes heavy taxes by adopting differential commodity taxation?


A

Chemical fertilisers

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Edible oil

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

Cigarettes

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D

Spices

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

Cigarettes


Taxes are used to discourage the consumption and production of harmful commodities like cigarettes. It is possible through differential commodity taxation to impose heavy taxes on the production of non-essential goods.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Impurity Defect
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon