Which of the following tax is within the jurisdiction of Union or Central Government as enumerated in…
The pre-GST constitutional Union List entry 92 covered taxes on newspaper sale/purchase and advertisements therein. Electricity consumption/sale, road goods/passenger and…
Choose your answer
Which of the following tax is within the jurisdiction of Union or Central Government as enumerated in List – I of Schedule VII of the India Constitution ?
Answer and explanation
Correct answer D
The pre-GST constitutional Union List entry 92 covered taxes on newspaper sale/purchase and advertisements therein. Electricity consumption/sale, road goods/passenger and luxury/entertainment taxes belonged to State List entries. Later GST-related changes must not replace the 2014 legal classification. Taxes on Sales and purchase of newspapers and on advertisement therein. : Correct in the comparison explained above.
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UGC NET Economics