Which of the following industries require compulsory licensing?
Only 1,3&4
Only 1& 2
Only 2,3&4
All of the above
The industries requiring compulsory licensing are:
List Of Industries To Be Reserved For manufacture Of Items Exclusively in the Public Sector included in Schedule I :
Tobacco, cigarette, gutkha, alcoholic drinks are drugs of
The industry of tobacco and cigarettes is now free of license controls. State true or false.
Q38) Presently only 6 industries carry the burden of compulsory licensing. Which of the following does not come under the regime of compulsory licensing?
Cigarettes constitute a mere 20% of tobacco consumption in India, and fewer than 15% of the 200 million tobacco users consume cigarettes. Yet these 15% contribute nearly 90% of the tax revenues to the exchequer from the tobacco sector. The punitive cigarette taxation regime has kept the tax base narrow, and reducing taxes will expand this base. Which one of the following best bolsters the conclusion that reducing duties will expand the tax base?