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173
M: +2.00/-0.50

Consider the following statements regarding service tax.

1. It is a direct tax.

2. It is an indirect tax.

3. It was introduced during 1994-95.

Of the above statements, choose the correct answer from the code given below :

Code :

U.P.P.C.S. (Mains) 2013

[Fiscal Policy, Inflation Planning and Banking]
A
B
C
D

EXPLANATION

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