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which from the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states
Question
Which from the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states?
A
Taxes on Advertisement
B
Stamps and Registration
C
Expenditure Tax and Gift Tax
D
Additional Duties of Excise in lieu of Sales Tax
Answer & Explanation
Option: [A]
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