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Indian Public Finance – 10

10. Consider the following taxes :
1. Sales tax
2.Value-added tax
3. Property tax
Which of the taxes given above is/are Ad valorem tax/taxes ?

(a) 1 and 2
(b) 1 and 3
(c) 2 and 3
(d) All of these

Answer : (d)

Explanation : No answer description available for this question. Let us discuss.

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