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
Answer (1)
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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