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Which of the following statements are correct in relation to the GST?A. It subsumed central, as well as state taxes, duties, etc. within an integrated tax.B. GST is levied on alcoholic liquor for human consumption at a uniform rate of 25%.C. Centre imposed excise duty on tobacco.D. Petroleum and petroleum products are subjected to the levy of GST.a)A and Bb)B and Cc)C and Dd)A and Ce)B and DCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which of the following statements are correct in relation to the GST?A. It subsumed central, as well as state taxes, duties, etc. within an integrated tax.B. GST is levied on alcoholic liquor for human consumption at a uniform rate of 25%.C. Centre imposed excise duty on tobacco.D. Petroleum and petroleum products are subjected to the levy of GST.a)A and Bb)B and Cc)C and Dd)A and Ce)B and DCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements are correct in relation to the GST?A. It subsumed central, as well as state taxes, duties, etc. within an integrated tax.B. GST is levied on alcoholic liquor for human consumption at a uniform rate of 25%.C. Centre imposed excise duty on tobacco.D. Petroleum and petroleum products are subjected to the levy of GST.a)A and Bb)B and Cc)C and Dd)A and Ce)B and DCorrect answer is option 'D'. Can you explain this answer?.

Solutions for Which of the following statements are correct in relation to the GST?A. It subsumed central, as well as state taxes, duties, etc. within an integrated tax.B. GST is levied on alcoholic liquor for human consumption at a uniform rate of 25%.C. Centre imposed excise duty on tobacco.D. Petroleum and petroleum products are subjected to the levy of GST.a)A and Bb)B and Cc)C and Dd)A and Ce)B and DCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

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