The correct answer is: d) All of the above
Tourism and hospitality is a major contributor to Sikkim’s economy, accounting for over 10% of the state’s GDP. The state is home to a number of popular tourist destinations, including the Nathu La Pass, the Kanchenjunga National Park, and the Tsomgo Lake. The tourism industry generates significant revenue from hotel stays, restaurant meals, and other tourist activities.
Retail sales of goods is another important sector of the Sikkim economy. The state has a number of large shopping malls and retail outlets, as well as a thriving street market. Retail sales generate significant revenue from sales taxes and other taxes.
Handicrafts and textiles are also important sectors of the Sikkim economy. The state is home to a number of skilled artisans who produce a variety of handicrafts, including woodcarvings, metalwork, and textiles. Handicrafts and textiles generate significant revenue from sales taxes and other taxes.
In conclusion, all of the sectors mentioned in the question (tourism and hospitality, retail sales of goods, and handicrafts and textiles) contribute to Sikkim’s sales tax (VAT) collection.