[Solved] Which one of the following is the correct statements? Service tax is a/an [IAS 2006]

Q.	Which one of the following is the correct statements? Service tax is a/an [IAS 2006]
A.	direct tax levied by the Central Government
B.	indirect tax levied by the Central Government
C.	direct tax levied by the State Government
D.	indirect tax levied by the State Government
Answer» B. indirect tax levied by the Central Government

1.1k

Do you find this helpful?

View all MCQs in

Indian Economy

Discussion

No comments yet

Related MCQs

Consider the following statements in respect of the National Rural Employment Guarantee Act, 2005 : 1. Under the provisions of the Act, 100 days of employment in a year to every household whose adult members volunteer to do unskilled manual work has become a fundamental right. 2. Under the provisions of the Act, women are to get priority to the extent that one-half of persons who are given employment are women who have asked for work. Which of the statements given above is/are correct? [IAS 2006]
Consider the following statements: 1. Appellate Tribunal for Electricity has been established by each State Government in India. 2. One of the components of the Accelerated Power Development and Reforms Programme (APDRP) is upgradation of sub-transmission and distribution system for electricity in India. Which of the statements given above is/are correct? [IAS 2006]
Consider the following statements: 1. The agreement on South Asian Free Trade Area (SAFTA)came into effect from 1st December, 2005. 2. As per SAFTA agreement terms, India, Pakistan and Sri Lanka have to decrease their custom duties to the level of 0 to 5 percent by the year 2013. Which of the statements given above is/are correct? [IAS 2006]
Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns [IAS 2006]
Which one of the following statements regarding the levying, collecting and distribution of Income Tax is correct? [IAS 1999]
In India, the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years? [IAS 2010]
Which one of the following Indian banks is not a nationalized bank? [IAS 2006]
Which one of the following countries is not a member of ASEAN? [IAS 2006]
Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements giver, above is/are correct? [IAS 2007]
Consider the following statements: [IAS 2004] 1. The highest deciding body for planning in India is the Planning Commission of India. 2. The Secretary of the Planning Commission of India is also the Secretary of National Development Council 3. The Constitution includes economic and social planning in the Concurrent List in the Seventh Schedule of the Constitution of India. Which of the statements given above is/are correct?