Which of the following sets belong to Central tax ? Options: A . &nbspExcise duty, Customs duty and Income tax B . &nbspExcise duty, Sales tax and Customs duty C . &nbspIncome tax, Customs duty and House tax D . &nbspCustoms duty, Entertainment tax and Income tax

Which of the following sets belong to Central tax ?

Question

Which of the following sets belong to Central tax ?

Options:

A . Excise duty, Customs duty and Income tax

B . Excise duty, Sales tax and Customs duty

C . Income tax, Customs duty and House tax

D . Customs duty, Entertainment tax and Income tax

Answer: Option A
Answer: (a)
Some of the taxes of the central government are:
Taxes on income other than agricultural income;
Duties of customs including export duties;
Duties of excise on tobacco and other goods manufactured or produced in India except for
alcoholic liquor for human consumption, and
opium, Indian hemp and other narcotic drugs and narcotics, but including medicinal and toilet preparations containing alcohol or any substance; Corporation Tax;
Taxes on the capital value of assets, exclusive of agricultural land, of individuals and companies, taxes on capital of companies; Estate duty in respect of property other than agricultural land; etc.
Central tax means taxes that are levied and collected by the central government.

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