Under the Madhya Pradesh Excise Act, 1915, sale of intoxicant in excess of retail limit is deemed as:
Under s.5(2) of the Madhya Pradesh Excise Act, 1915, any sale of an intoxicant in a quantity exceeding the declared retail limit is deemed to be a sale by wholesale, not a…
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Under the Madhya Pradesh Excise Act, 1915, sale of intoxicant in excess of retail limit is deemed as:
Answer and explanation
Correct answer B
Under s.5(2) of the Madhya Pradesh Excise Act, 1915, any sale of an intoxicant in a quantity exceeding the declared retail limit is deemed to be a sale by wholesale, not a retail sale, illegal export, or manufacturing.