Which of these taxes contributes significantly to Andhra Pradesh’s own tax revenue?

Sales tax/GST
Property tax
Excise duties
Motor vehicle tax

The correct answer is: a) Sales tax/GST.

Sales tax is a consumption tax levied on the sale of goods and services. It is one of the most important sources of revenue for the government of Andhra Pradesh. In 2020-21, sales tax accounted for 25% of the state’s own tax revenue.

Property tax is a tax levied on the value of real property. It is a major source of revenue for local governments in Andhra Pradesh. In 2020-21, property tax accounted for 15% of the state’s own tax revenue.

Excise duties are taxes levied on goods that are produced or manufactured within a country. They are a major source of revenue for the central government of India. In 2020-21, excise duties accounted for 10% of the state’s own tax revenue.

Motor vehicle tax is a tax levied on the ownership of motor vehicles. It is a major source of revenue for state governments in India. In 2020-21, motor vehicle tax accounted for 5% of the state’s own tax revenue.

In conclusion, sales tax is the most important source of revenue for the government of Andhra Pradesh. It is followed by property tax, excise duties, and motor vehicle tax.

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