Economics · Taxation
Match List-I (Taxes) with List-II (Descriptions) and select the correct answer using the codes given below: List-I A. Service Tax B. Excise Duty C. Central Sales Tax D. Customs Duty List-II I. Levied on sales generated during inter-state trade and commerce and subsumed under GST II. Actually borne by the ultimate consumers and subsumed under GST III. Levied by the Central Government for the production/manufacture of certain goods and replaced by GST CNIV. Tax imposed on imports and exports of goods
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A - III, B - IV, C - I, D - II
- 2A - II, B - III, C - IV, D - I
- 3A - II, B - III, C - I, D - IV✓
- 4A - I, B - II, C - III, D - IV
Correct answer
A - II, B - III, C - I, D - IV
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