Question : Calculate Net Indirect taxes from the following: Particulars Rs. in crores Indirect taxes 500 GST 100 Subsidies 200 Option 1: Rs. 800 CroresOption 2: Rs. 700 CroresOption 3: Rs. 300 CroresOption 4: Rs. 2 ...

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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

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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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