New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following are part of Product Taxes?

    A. Land Revenue B. Stamp Duty C. Excise Duty D. GST
    A All except A, B Correct Answer Incorrect Answer
    B All except B, C Correct Answer Incorrect Answer
    C All except C, D Correct Answer Incorrect Answer
    D All except A, D Correct Answer Incorrect Answer
    E All correct Correct Answer Incorrect Answer

    Solution

    Stamp Duty and Land Revenue are Production Taxes. Excise Duty and GST are Product Taxes because it is levied on individual product.                                                                                       

    Practice Next