both vat and excise duty are levied on petrol,centre takes the excise share while state takes vat , how come statement is correct-Taxes on the sale of petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas, aviation turbine fuel are levied, collected and retained by the States?@Neyawn
@sstarrr got it,thanks yaar
@farejul shouldnt marks also be provided for JR question no 24, where correct answer is D not B
@schrute_farms u r correct , GDP at Factor cost = Sum of all GVA at factor cost, this when adjusted with tax and subsidy gives gdp at current, this whem adjusted with inflation gives gdp at constant market price, i havent watched the video btw.
