Question
In which year was Service tax introduced?
- 1983-84
- 1994-95
- 1967-68
- 2003-2004
Answer: Option C
Answer: (c)Service tax was introduced in 1994-95 to address the asymmetric and distortionary treatment of goods and services in tax framework and to widen the tax net
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Answer: (c)Service tax was introduced in 1994-95 to address the asymmetric and distortionary treatment of goods and services in tax framework and to widen the tax net
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