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SSC CGL 2024 PYQ — Question 34

SSC CGL - 17 Sep 2024 - Shift 3 • General Awareness • Q34

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Identify the sequence of implementation of the following taxes.

I.Land revenue

II.Sales tax

III.MODVAT

IV.Service tax

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Correct answer: D

Explanation

The correct answer is option 4 i.e. I, II, III, IV.

The sequence of tax implementation in India is as follows:

  1. Land Revenue: One of the oldest taxes, imposed during ancient and medieval periods, was formalised under British rule.

  2. Sales Tax: Introduced in the 1930s, it was a major state-level tax before GST replaced it in 2017.

  3. MODVAT (1986): Modified Value Added Tax was introduced to reduce cascading effects in excise duties.

  4. Service Tax (1994): Imposed on specified services, later subsumed under GST (2017).

This progression reflects India's evolving tax structure.