How to solve XAT 2013 Question 109?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in XAT exams.

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XAT 2013 Question 109

This is a detailed step-by-step solution for XAT 2013 Question 109. Understand the concept, common mistakes, and expert tips to solve similar questions in XAT exam.

XAT

Excise duty is an indirect form of taxation levied on goods and services by the central government. Excise duty on certain items such as alcohol is collected by the state government. All the given statements are true regarding Excise duty. Therefore, option D is the right answer

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