SSC GD 2021 PYQ — Question 29

SSC GD Constable (English) - 10th December 2021 Shift 1 • General Awareness • Q29

Which of the following is a Central level tax subsumed by the Goods and Services Tax (GST)?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. Excise duty.

  • An excise or excise tax (sometimes called an excise duty) is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country).
  • It is a tax on the production or sale of a good. This tax is now known as the Central Value Added Tax (CENVAT).