Under VAT, how many slabs are there?

Related MCQs

• MODVAT is different from VAT in the sense that: 1. under MODVAT, tax is levied only on value addition while under VAT, excise is imposed on final value and then rebate is given on inputs 2. MODVAT is only at the production stage while VAT extends both to production and distribution stage 3. under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition 4. MODVAT implies rationalization of excise duty only while VAT implies rationalization of excise, sales and turnover taxes etc. also Choose correct answer from:
• VAT is alternate of:
• How does the consumer benefit with VAT? [CPO SI 2003]
• Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme [IGNOAPS] 1. All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible. 2. The Central Assistance under this Scheme is at the rate of Rs. 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts. Which of the statements given above is/are correct? [IAS 2008]
• Consider the following statements: [IAS 2004] 1. The loans disbursed to farmers under Kisan Credit Card Scheme are covered under Rashtriya Krishi Beema Yojna of Life Insurance Corporation of India. 2. The Kisan Credit Card holders are provided personal accident insurance of Rs.50000 for accidental death and Rs. 25000 for permanent disability. Which of the statement given above is/are correct?
• With reference to the government's welfare schemes, consider the following statements: 1. Under the Antyodaya Anna Yojana, the food grains are available to the poorest of the poor families at Rs. 2 per kg for wheat and Rs.3 per kg for rice. 2. Under the National Old Age Pension Scheme, the old and destitute are provided Rs. 75 per month as Central Pension, in addition to the amount provided by most State Government 3. Government of India has allocated 25 kg food grains per below Poverty Line family per month, at less than half the economic cost. Which of these statements are correct? [IAS 2003]
• 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]
• The annual financial statement shows the receipts and payments of the government under the 3 parts in which government accounts are kept in : 1. Consolidated Fund 2. Contingency Fund 3. Public Account Which of the following items are covered under the Public Account?
• Which of the following are not correct assessments of the decades of India's Five-Year Plans? 1. There has been very low capital formation 2. Growth has favoured the better off 3. Production has increased substantially though often falling short of targets 4. The public sector has contributed nothing to economic growth
• Consider the following statements: Regional disparities in India are high and have been rising in recent years because: 1. There is persistent investment over time only in Select locales 2. Some areas are agro climatically less conducive to development 3. Some are as continue to face little or no aqrarian transformation and the consequent lack of social and economic opportunities 4. Some areas have faced continuous political instability. Which of the above statements are correct?