Assignment

Government uses this amount to pay for public services such as roads, schools, hospitals, parks etc.

• Tax

• Fees

• Income

_________ the first Finance Minister of the British Indian Government introduced the tax system in India.

• James Wilson

• Charles Babbage

• Nirmala Sitaraman

• Mountbatten

A tax which is levied on the income or profits of the person who pays it directly to the Government

• Direct Tax

• Indirect Tax

The Tax which you indirectly pays to government

• Direct Tax

• Indirect Tax

GST is a _____type of tax

• Direct Tax

• Indirect Tax

full form of GST is

Excise Dutye is charged on

• Manufacturing

• exported goods

• imported goods

___________ is a form of indirect tax which is imposed at the time of both import and export of goods and service

• GST

• Custom Duty

• Excice Duty

The tax which is imposed on the import of goods and services are is known as _______

• Import Duty

• Export Duty

The duty charged on goods bought from outside India

• Import Duty

• Export Duty