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Grade: Upto college level
        

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

10 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.

10 years ago
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