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Standard VIII
Mathematics
Sales Tax / VAT
The best sour...
Question
The best source of revenue for the State Government is
A
Sales tax
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B
Entertainment tax
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C
Excise duty
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D
Motor vehicle tax
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Solution
The correct option is
A
Sales tax
Among the following, Sales Tax is the best source of income for the State Government.
State government tend to obtain the largest portion of tax revenues from the sales and gross receipts tax.
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