Excise Duty Characteristics

XAT 2013 · GK · Medium · Taxation

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Read the following I. Excise duty is a tax on manufacture or production of goods and services II. Not all kinds of excise duty is collected by the Central Government of India III. Excise duty is an indirect tax

Which of the statements given above are correct?

  1. A.

    Statements I and II

  2. B.

    Statements II and III

  3. C.

    Statements I and III

  4. D.

    All of the above

  5. E.

    None of the above

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