Economics · Taxation in India
Within the framework of Indian excise taxation, which specific type of duty is levied on products classified as luxury or 'demerit' goods?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Central Value Added Tax (CENVAT)
- 2Special Excise Duty (SED)✓
- 3National Calamity Contingent Duty (NCCD)
- 4Basic Excise Duty (BED)
Correct answer
Special Excise Duty (SED)
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