Download App

Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipBusiness Finance and Arithmetic1 Mark
Question
Explain ‘customs duty' and 'central excise duty as examples of indirect taxes.
✓

Answer

Customs duty: It is levied on goods imported to and exported from India. Central excise duty It is levied on goods manufactured in India.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Business Finance and Arithmetic→Business Finance and Arithmetic — all question types→Entrepreneurship STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

What do you understand by intangible resources?
→
Mr Vikram Singhal is a highly successful businessman, ranking among the top 10 industrialists of India. His company 'Singhal Group of Industries' operates in the fields of fertilizers, power generation and 3G network. His son Virat Singhal, after completing his management degree from Oxford, decides to join the family business. Which type of entrepreneur is Virat?
→
Business can be classified on many basis. What are they?
→
What basic resources are required to commence any enterprise?
→
Give the example of Genetic industry.
→
Define industry.
→
A proposed business plan consists of many elements. State any two of them.
→
Innovativeness can be seen through a number of entrepreneurial actions. State any two.
→
Explain analysis and interpretation of data as a step in the market survey process.
→
Mukesh is planning to establish a Restaurant at Cannaught Place, Delhi. What patterns of capital structure are available to him. Give reasons.
→