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​____________ taxes are levied by the State Government in India. ​
Question

____________ taxes are levied by the State Government in India.

A.

Customs


B.

Corporation


C.

Excise duty on liquor


D.

Capital gains

Correct option is C

The correct answer is (C) Excise duty on liquor.

Explanation:
Excise duty on liquor is levied by the State Government in India.

Incorrect Options Explanations:

  • Customs: Levied by the Central Government.
  • Corporation: Levied by local bodies.
  • Capital gains: Levied by the Central Government.

Information Booster:

  • Excise Duty on Liquor:
    • Imposed by State Governments.
    • Varies across states.
    • Significant revenue source.
    • Affects production, distribution, and sale of liquor.

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