Cess and Surcharge
- Cess
- Surcharge
- Education Cess
- Secondary and Higher Education Cess
- Health and Education Cess
- Krishi Kalyan Cess
- Swachh Bharat Cess
- Digital India Cess
- Pradhan Mantri Kaushal Vikas Cess
- Special Additional Excise Duty (SAED)
- Special Additional Customs Duty (SAD)
- Additional Excise Duty (AED)
- Additional Customs Duty (ACD)
- Countervailing Duty (CVD)
- Anti-Dumping Duty (ADD)
- Safeguard Duty (SGD)
- Special Commodity Levy (SCL)
- Special Additional Duty (SAD) on Services
A cess is a type of tax that is levied in addition to another tax. The most common type of cess is the education cess, which is levied on all Income tax. The education cess is used to fund education in India.
A surcharge is a type of tax that is levied on top of another tax. The most common type of surcharge is the health and education cess, which is levied on all income tax. The health and education cess is used to fund health and education in India.
The Krishi Kalyan Cess is a cess that is levied on all income tax. The Krishi Kalyan Cess is used to fund agricultural development in India.
The Swachh Bharat Cess is a cess that is levied on all income tax. The Swachh Bharat Cess is used to fund the Swachh Bharat Mission, which is a government initiative to improve sanitation in India.
The Digital India Cess is a cess that is levied on all income tax. The Digital India Cess is used to fund the Digital India Mission, which is a government initiative to improve digital InfrastructureInfrastructure in India.
The Pradhan Mantri Kaushal Vikas Cess is a cess that is levied on all income tax. The Pradhan Mantri Kaushal Vikas Cess is used to fund the Pradhan Mantri Kaushal Vikas Yojana, which is a government initiative to improve vocational training in India.
The Special Additional Excise Duty (SAED) is a duty that is levied on certain goods, such as alcohol and tobacco. The SAED is used to fund various government programs.
The Special Additional Customs Duty (SAD) is a duty that is levied on certain goods, such as imported cars and electronics. The SAD is used to protect domestic industries from foreign competition.
The Additional Excise Duty (AED) is a duty that is levied on certain goods, such as fuel and petroleum products. The AED is used to fund various government programs.
The Additional Customs Duty (ACD) is a duty that is levied on certain goods, such as imported raw materials. The ACD is used to protect domestic industries from foreign competition.
The Countervailing Duty (CVD) is a duty that is levied on goods that are imported into India at a lower price than the price at which they are sold in the country of origin. The CVD is used to protect domestic industries from unfair competition.
The Anti-Dumping Duty (ADD) is a duty that is levied on goods that are imported into India at a price that is lower than the cost of production in the country of origin. The ADD is used to protect domestic industries from unfair competition.
The Safeguard Duty (SGD) is a duty that is levied on goods that are imported into India in such large quantities that they cause or threaten to cause serious injury to domestic industries. The SGD is used to protect domestic industries from unfair competition.
The Special Commodity Levy (SCL) is a levy that is imposed on certain goods, such as petroleum products and alcohol. The SCL is used to fund various government programs.
The Special Additional Duty (SAD) on Services is a duty that is levied on certain services, such as banking and insurance. The SAD on Services is used to fund various government programs.
Cesses, surcharges, and duties are all Types of Taxes that are levied by the government. Cess and surcharges are levied on top of other taxes, while duties are levied on specific goods or services. These taxes are used to fund a variety of government programs, including education, health, agriculture, and Infrastructure.
Cess
A cess is a type of tax that is levied on a specific good or service. It is usually used to fund a specific government program or project.
Surcharge
A surcharge is an additional tax that is levied on top of an existing tax. It is usually used to raise revenue for the government or to fund a specific government program or project.
Education Cess
The Education Cess is a cess that is levied on all taxable income in India. It is used to fund education programs in India.
Secondary and Higher Education Cess
The Secondary and Higher Education Cess is a cess that is levied on all taxable income in India. It is used to fund secondary and higher education programs in India.
Health and Education Cess
The Health and Education Cess is a cess that is levied on all taxable income in India. It is used to fund health and education programs in India.
Krishi Kalyan Cess
The Krishi Kalyan Cess is a cess that is levied on all taxable income in India. It is used to fund agricultural programs in India.
Swachh Bharat Cess
The Swachh Bharat Cess is a cess that is levied on all taxable income in India. It is used to fund the Swachh Bharat Mission, a government program to improve sanitation in India.
Digital India Cess
The Digital India Cess is a cess that is levied on all taxable income in India. It is used to fund the Digital India Mission, a government program to improve digital infrastructure in India.
Pradhan Mantri Kaushal Vikas Cess
The Pradhan Mantri Kaushal Vikas Cess is a cess that is levied on all taxable income in India. It is used to fund the Pradhan Mantri Kaushal Vikas Yojana, a government program to provide vocational training to youth in India.
Special Additional Excise Duty (SAED)
The Special Additional Excise Duty (SAED) is a duty that is levied on certain goods, such as petroleum products and tobacco products. It is used to raise revenue for the government.
Special Additional Customs Duty (SAD)
The Special Additional Customs Duty (SAD) is a duty that is levied on certain goods, such as imported goods. It is used to raise revenue for the government and to protect domestic industries.
Additional Excise Duty (AED)
The Additional Excise Duty (AED) is a duty that is levied on certain goods, such as alcoholic beverages and tobacco products. It is used to raise revenue for the government and to discourage consumption of these goods.
Additional Customs Duty (ACD)
The Additional Customs Duty (ACD) is a duty that is levied on certain goods, such as imported goods. It is used to raise revenue for the government and to protect domestic industries.
Countervailing Duty (CVD)
The Countervailing Duty (CVD) is a duty that is levied on imported goods that are subsidized by the government of the exporting country. It is used to offset the effect of the subsidy and to protect domestic industries.
Anti-Dumping Duty (ADD)
The Anti-Dumping Duty (ADD) is a duty that is levied on imported goods that are being sold at a price that is lower than the cost of production in the exporting country. It is used to protect domestic industries from the unfair competition of dumped goods.
Safeguard Duty (SGD)
The Safeguard Duty (SGD) is a duty that is levied on imported goods that are causing or threatening to cause serious injury to domestic industries. It is used to protect domestic industries from the surge of imports.
Special Commodity Levy (SCL)
The Special Commodity Levy (SCL) is a levy that is imposed on certain goods, such as petroleum products and tobacco products. It is used to raise revenue for the government.
Special Additional Duty (SAD) on Services
The Special Additional Duty (SAD) on Services is a duty that is levied on certain services, such as banking and insurance services. It is used to raise revenue for the government.
1. Which of the following is a type of Indirect Tax?
(A) Cess
(B) Surcharge
(CC) Education Cess
(D) Secondary and Higher Education Cess
(E) All of the above
- Which of the following is a type of Direct Tax?
(A) Income tax
(B) Corporate tax
(C) Wealth tax
(D) All of the above - Which of the following is a type of cess?
(A) Education Cess
(B) Secondary and Higher Education Cess
(C) Health and Education Cess
(D) Krishi Kalyan Cess
(E) All of the above - Which of the following is a type of surcharge?
(A) Defense Surcharge
(B) Infrastructure Cess
(C) Krishi Kalyan Cess
(D) Swachh Bharat Cess
(E) None of the above - Which of the following is a type of special additional duty?
(A) Special Additional Excise Duty (SAED)
(B) Special Additional Customs Duty (SAD)
(C) Additional Excise Duty (AED)
(D) Additional Customs Duty (ACD)
(E) All of the above - Which of the following is a type of countervailing duty?
(A) Countervailing Duty (CVD)
(B) Anti-Dumping Duty (ADD)
(C) Safeguard Duty (SGD)
(D) All of the above - Which of the following is a type of special commodity levy?
(A) Special Commodity Levy (SCL)
(B) Special Additional Duty (SAD) on Services
(C) None of the above
(D) Both (A) and (B) - Which of the following is a type of direct tax that is levied on the income of individuals and companies?
(A) Income tax
(B) Corporate tax
(C) Wealth tax
(D) All of the above - Which of the following is a type of indirect tax that is levied on the value of goods and services that are imported into India?
(A) Customs duty
(B) Excise duty
(C) Service tax
(D) All of the above - Which of the following is a type of indirect tax that is levied on the sale of goods and services in India?
(A) VAT
(B) GST
(C) Both (A) and (B)
(D) None of the above