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Question : Calculate Net Indirect taxes from the following:

Particulars Rs. in crores
Indirect taxes 500
GST 100
Subsidies 200

 

Option 1: Rs. 800 Crores

Option 2: Rs. 700 Crores

Option 3: Rs. 300 Crores

Option 4: Rs. 200 Crores


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Rs. 300 Crores


Solution :

Net Indirect taxes= Indirect taxes - Subsidies
= Rs 500-300
= Rs. 200 Crore
Note*- GST is a part of Indirect taxes. Thus, won't be added separately.
Hence,the correct option is 4.

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