Question

    Which of the following statements given below are

    correct according to the Union Budget 2023-24, regarding indirect tax: 1.    Excise duty exempted on GST-paid compressed biogas. 2.    Import duty on silver dore, bars and articles reduced. 3.    National Calamity Contingent Duty on specified cigarettes has been revised upwards by about 16%.
    A 1 and 2 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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