Q. An ad valorem duty is a tax on the basis of :

  • (A) the price of a commodity
  • (B) the value added
  • (C) the advertisement expenditure
  • (D) the unit of the commodity
✅ Correct Answer: (A) the price of a commodity

Published by Manisha Agrawal ⭐ 9.34K Points at 13-Oct-2021 05:11 am in General Awareness

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