Value Added Tax is:
A) direct tax
B) indirect tax
C) progressive tax
D) none of these
Correct Answer:
Verified
Q8: The Principle of Maximum Social Advantage is
Q9: Which is not the characteristic of a
Q10: Special assessment means:
A)general tax on all people
B)gift
Q11: Classical canons of taxation are propounded by:
A)adam
Q12: The Kelkar Proposals are concerned with:
A)recommendations for
Q14: In the case of direct tax, impact
Q15: The direct violation of Tax law is
Q16: The final resting place of the burden
Q17: Incidence of tax refers to:
A)initial resting place
Q18: A tax levied at 5 percent on
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