Taxation · GST vs Excise Comparison
In the comparative framework of Indian taxation, what specific stage serves as the tax point for the Goods and Services Tax (GST) as opposed to the point of removal in Excise Duty?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Assessment of the transaction value
- 2Completion of the manufacturing process
- 3Consumption or destination✓
- 4Removal from the factory gate
Correct answer
Consumption or destination
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