Economics · Taxation
Modified Value Added Tax (MODVAT), introduced in India in 1986, was related to which of the following taxes?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Income Tax
- 2Wealth Tax
- 3Central Excise Duty✓
- 4Sales Tax / Trade Tax
Correct answer
Central Excise Duty
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