Goods and Service Tax, the single comprehensive indirect tax on all goods and services, extends the principle of one of the following Option 1: Central Sales Taxation. Option 2: Central Excise Duty. Option 3: Value- added taxation. Option 4: Sales Taxation.

The answer is 'Value- added taxation.'. View full solution:

CUET Economics - Goods and Service Tax, the single comprehensive indirect tax on all goods and services, extends the principle of one of the following | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Macro

Medium

Central Sales Taxation.

Central Excise Duty.

Value- added taxation.

Sales Taxation.

✅ Correct Option: 3

Related questions:

29 May Shift 1

Which of the following can help to reduce the Fiscal Deficit?

30 May Shift 1

Match List - I with List - II.

List - I	List - II
(A) Revenue Receipts	(I) Expense on functions of government
(B) Capital Expenditure	(II) Disinvestment
(C) Capital Receipts	(III) Tax Revenue
(D) Revenue Expenditure	(IV) Expenses on building and machinery

Choose the correct answer from the options given below :

1 June Shift 1

Which of the following is not true regarding Goods and Services Tax (GST) ?