(A) Retail Price + GST
(B) Retail Price − GST
(C) Manufacturing Cost + GST
(D) Manufacturing Cost − GST
The answer is: (A) Retail Price + GST
Category: Taxation MCQs
Taxation MCQs quiz test questions with answers. Taxation multiple choice questions.
Income tax is ________ in nature.
(A) progressive
(B) regressive
(C) expensive
(D) none of these
The answer is: (A) progressive
Which of the following is NOT among domestic taxes?
(A) Income tax
(B) Sales tax
(C) Federal excise
(D) Customs duty
The answer is: (D) Customs duty