Q199
Tax is calculated only on the value-addition at each stage of the transfer of ownership, in case of GST. This helps in reduction of inflation as well. It is basically called reduction of:
A.
Cascading effect
AnswerB.
Excise duty
C.
Custom duty
D.
Octroi duty
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board