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Grade: Upto college level
        

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

9 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.

9 years ago
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