Question
What is an octroi ?
Answer: Option D
Answer: (d)
Octroi is a local tax that is collected by the state government on those goods that have been bought into the city/state for the purpose of personal use and sale.
The charges on the items are generally levied after on the weight, value and a total number of goods. It is levied on certain articles, such as foodstuffs, on their entry into a city.
Was this answer helpful ?
Answer: (d)
Octroi is a local tax that is collected by the state government on those goods that have been bought into the city/state for the purpose of personal use and sale.
The charges on the items are generally levied after on the weight, value and a total number of goods. It is levied on certain articles, such as foodstuffs, on their entry into a city.
Was this answer helpful ?
More Questions on This Topic :
Question 4. Situation Analysis is useful for:
....
Question 7. National Income include :
....
Question 8. What is included in the Tetiary sector ?
....
Question 10. Gross National Product is the money measure of
....
Submit Solution