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avisha gupta Grade:
        

In India, from where maximum amount of revenue collected by Government?

7 years ago

Answers : (1)

Vijay Luxmi Askiitiansexpert
357 Points
										

The maximum amount of revenue collected by Government of India is from Excise duties


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.

It is a separate tax from VAT, and is different from it in that VAT solely affects the consumer


Typical examples of excise duties are taxes on tobacco, alcohol and gasoline.


7 years ago
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