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1 mark

Which of the following taxes is NOT levied by the Central Government of India?

  1. A
    Income Tax
  2. B
    Goods and Services Tax (GST)
  3. C
    Corporation Tax
  4. D
    State Excise Duty

Solution & Step-by-step Explanation

Income Tax, Corporation Tax, and CGST/IGST are levied and collected by the Central Government of India. State Excise Duty (such as excise duty on alcohol for human consumption and narcotics), however, is exclusively levied and collected by the respective State Governments.

Practice this question

Try it yourself before checking the explanation above.

Which of the following taxes is NOT levied by the Central Government of India?
A
Income Tax
B
Goods and Services Tax (GST)
C
Corporation Tax
D
State Excise Duty

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EconomicsTaxationCentral vs State Taxes

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