The most important source of revenue to the states is
i. Sales tax
ii. Service tax
iii. Excise duty
Choose the right option from below
i only
i and ii
i and iii only
i , ii and iii only
Explanation:
Sales tax is the tax on sale of goods and is influenced by the value added tax system.
Sales tax is the tax on sale of goods and is influenced by the value added tax system.