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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Indian Economy Questions and Answers for Competitive Exams
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Question
How does the consumer benefit with VAT?
A
It removes tax on tax and thus reduces price-rise
B
Reduces the cost of production
C
With the abolition of the sales tax
D
Due to the exemption of small businesses from the tax within certain limits prescribed by the State
View Answer
Answer & Explanation
Answer: Option [A]
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