The tax levied on gross sales revenue from business transactions is called -

Related MCQs

• The total sales revenue of a business is called:
• A tax levied as a proportion of the retail price of a commodity at the point of sale is called:
• Ad Valorem tax is levied -
• Agricultural income tax in Pakistan will be levied on the farmers with land holdings of or more than:
• If the average revenue is a horizontal straight line, marginal revenue will be -
• If the main objective of the government is to raise revenue, it should tax commodities with
• Agricultural income tax is a source of revenue to -
• The functions of sales, distribution, advertising and sales promotion, product planning and market research are termed as:
• Indirect taxies levied upon goods produced for home consumption are called:
• The incidence of sales tax falls on -