Q. In India which of the following taxes is levied by the State governments?
A) Capital gains tax
B) Excise duty on liquor
C) Corporation tax
D) Customs tax
✔ Correct Answer: Excise duty on liquor
Exam Insight
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A) Capital gains tax
B) Excise duty on liquor
C) Corporation tax
D) Customs tax
✔ Correct Answer: Excise duty on liquor
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