1462: Which one of the following is not a feature of "Value Added Tax" ?
(a) It is basically a subject of the Central Government and the State Governments are only a facilitator for its successful implementation
(b) It is a multi-point destination-based system of taxation
(c) It is a tax levied on value addition at each stage of transaction in the production-distribution chain
(d) It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer
1464: Match the different ports of Union Territory of Pondicherry labelled as A, B, C and D in the given map with their respective names and select the correct answer using the codes given below the list of ports :
List (Ports of Pondicherry) :
1. Karaikal
2. Mahe
3. Pondicherry
4. Yanam
Codes:
(a) A-2, B-1, C-3, D-4
(b) A-1, B-2, C-3, D-4
(c) A-2, B-1, C-4, D-3
(d) A-1, B-2, C-4, D-3