wiz-icon
MyQuestionIcon
MyQuestionIcon
5
You visited us 5 times! Enjoying our articles? Unlock Full Access!
Question

Tax that is imposed on value added at the various stages of production is known as


A

corporate profit tax

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

direct personal tax

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

value-added tax

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

none of these

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

The correct option is C

value-added tax


Tax that is imposed on value added at the various stages of production is known as value-added tax.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Revenue budget
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon