APPSC Group-II Screening Test 2019 · Question 26

Question 26 of the APPSC Group-II Screening Test 2019 (5 May 2019). Try it first, then open the answer and explanation.

1. Screening 2019 · Q26 · Economy (India & AP) · Public Finance & Taxation

   Excise duty is levied on which of the following?

   ఎక్సైజ్ డ్యూటీ కిందివాటిల్లో దేనిమీద విధిస్తారు ?

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   Answer: Production of goods

   సమాధానం: ఉత్పాదక వస్తువులు

   Excise duty is a tax on the manufacture or production of goods. Since 2017 most central excise has been subsumed in GST, except on items like petroleum products and tobacco.

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