Which of following taxes has not been replaced by the Goods and Service Tax?

CA Foundation · Business Economics · PYQS · January 2026
Which of following taxes has not been replaced by the Goods and Service Tax?
(A) A. VAT
(B) B. Income Tax
(C) C. Excise duty
(D) D. Service Tax

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Income Tax

Topics: Public Finance

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