Which tax is levied on interstate trade?

Which tax is levied on interstate trade?

  • Correct Answer: GST
  • Customs Duty
  • Income Tax
  • Corporate Tax

Explanation: GST is levied on interstate trade under the IGST Act.

Join our channels for latest updates

More Random Questions

Q: Where has the 'Shompen tribe' participated in voting for the first time on April 22, 2024?
Ans: Great Nicobar
Q: What is the term for a homogeneous mixture of two or more substances?
Ans: solution
Q: How many releases did Warner Bros. Discovery plan for 2025?
Ans: 10
Q: In modern surgery, which condition is treated with a cystectomy?
Ans: Bladder cancer
Q: Which stocks saw significant declines on April 10, 2025?
Ans: Apple and Tesla
Q: What symbol is used to indicate directionality in chemical reactions?
Ans: line
Q: What did the Rowlatt Act (1919) allow?
Ans: Detention without trial
Q: Where was the 11th summit of the D-8 Economic Cooperation Organization held?
Ans: Egypt
Q: On October 19, 2024, which state launched the 'Citizen Sentinel App' to monitor traffic rule violations?
Ans: Kerala
Q: Who has received the 'Dr. C Narayan Reddy Sahitya Award' on July 8, 2024?
Ans: Shivashankar
Q: Which continent is known as the "Land Down Under"?
Ans: Australia
Q: Strength, the ability of a muscle to use force during a contraction, differs from what term meaning the ability of a muscle to continue to contract over time without getting tired?
Ans: endurance
Q: What was the slogan of the Quit India Movement launched in 1942?
Ans: Do or Die
Q: What is able to occur because no surface is perfectly smooth?
Ans: friction
Q: Which state government launched Mukhyamantri Maiya Samman Yojana for women on August 4, 2024?
Ans: Jharkhand
Youngistan Junction
Youngistan Junction

Welcome to Youngistan Junction, your ultimate hub for staying updated with the latest in current affairs, general knowledge, and general studies! Whether you're a student gearing up for exams or just someone passionate about expanding your knowledge, Youngistan Junction is here to provide you with an extensive collection of well-curated questions and answers.

Articles: 6683