General Knowledge 2011 Quiz Game
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1. What is the Value Added Tax (VAT)?
a. A single tax that replaces State Taxes like surcharge, turnover tax, etc.
b. A simple, transparent, easy to pay tax imposed on consumers.
c. A new initiative taken by the government to increase the tax burden of high income groups.
d. A new tax to be imposed on the producers of capital goods.
.24672.
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