{"id":85522,"date":"2025-06-01T03:19:44","date_gmt":"2025-06-01T03:19:44","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=85522"},"modified":"2025-06-01T03:19:44","modified_gmt":"2025-06-01T03:19:44","slug":"which-of-the-following-components-of-central-government-taxes-on-petro","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/","title":{"rendered":"Which of the following components of Central Government taxes on petro"},"content":{"rendered":"<p>Which of the following components of Central Government taxes on petroleum products is\/are not shareable with the States?<\/p>\n<ul>\n<li>1. Basic Excise Duty<\/li>\n<li>2. Additional Excise Duty<\/li>\n<li>3. Special Additional Excise Duty<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below.<\/p>\n<p>[amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1, 2 and 3&#8243; option3=&#8221;3 only&#8221; option4=&#8221;2 and 3 only&#8221; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CDS-1 &#8211; 2024<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cds-1-2024.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cds-1-2024\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nD) 2 and 3 only<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\n&#8211; Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes).<br \/>\n&#8211; Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable.<br \/>\n&#8211; Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\n&#8211; States levy their own taxes on petroleum products, primarily Value Added Tax (VAT) or Sales Tax, which are a significant source of revenue for them. The debate about fuel prices often involves the respective shares of the Centre (through excise duties, cesses) and States (through VAT).<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following components of Central Government taxes on petroleum products is\/are not shareable with the States? 1. Basic Excise Duty 2. Additional Excise Duty 3. Special Additional Excise Duty Select the correct answer using the code given below. [amp_mcq option1=&#8221;1 and 2 only&#8221; option2=&#8221;1, 2 and 3&#8243; option3=&#8221;3 only&#8221; option4=&#8221;2 and 3 only&#8221; &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following components of Central Government taxes on petro\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/#more-85522\">Detailed Solution<span class=\"screen-reader-text\">Which of the following components of Central Government taxes on petro<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1103,1120,1196],"class_list":["post-85522","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1103","tag-economic-development","tag-fiscal-policy-revenue","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following components of Central Government taxes on petro<\/title>\n<meta name=\"description\" content=\"D) 2 and 3 only - Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes). - Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable. - Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following components of Central Government taxes on petro\" \/>\n<meta property=\"og:description\" content=\"D) 2 and 3 only - Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes). - Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable. - Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T03:19:44+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following components of Central Government taxes on petro","description":"D) 2 and 3 only - Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes). - Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable. - Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following components of Central Government taxes on petro","og_description":"D) 2 and 3 only - Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes). - Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable. - Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T03:19:44+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/","url":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/","name":"Which of the following components of Central Government taxes on petro","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T03:19:44+00:00","dateModified":"2025-06-01T03:19:44+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"D) 2 and 3 only - Under the constitutional framework (Article 270) and Finance Commission recommendations, certain Union taxes are shareable with states (part of the divisible pool), while others are not (like surcharges and cesses levied for specific purposes). - Basic Excise Duty (BED), now often termed Union Excise Duty, levied on petroleum products by the Central Government, is typically shareable with the states as part of the divisible pool as per the recommendations of the Finance Commission. Thus, statement 1 is shareable. - Additional Excise Duty (AED) and Special Additional Excise Duty (SAED) levied by the Central Government on petroleum products fall outside the divisible pool and are not shareable with the states. These often take the form of cesses or surcharges meant for specific purposes (like infrastructure development). Thus, statements 2 and 3 are not shareable.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-components-of-central-government-taxes-on-petro\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CDS-1","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cds-1\/"},{"@type":"ListItem","position":3,"name":"Which of the following components of Central Government taxes on petro"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/85522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=85522"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/85522\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=85522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=85522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=85522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}