{"id":93833,"date":"2025-06-01T11:58:23","date_gmt":"2025-06-01T11:58:23","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=93833"},"modified":"2025-06-01T11:58:23","modified_gmt":"2025-06-01T11:58:23","slug":"consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/","title":{"rendered":"Consider the following taxes :\n 1. Stamp Duty\n 2. Property Tax\n 3. Exc"},"content":{"rendered":"

Consider the following taxes :
\n
1. Stamp Duty
\n
2. Property Tax
\n
3. Excise Duty
\n
Which of the above is\/are the production taxes ?<\/p>\n

[amp_mcq option1=”1 and 2 only” option2=”2 and 3 only” option3=”3 only” option4=”1, 2 and 3″ correct=”option3″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC Combined Section Officer – 2024<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe correct answer is 3 only (C).
\n<\/section>\n
\nProduction taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. Therefore, among the given options, only Excise Duty is directly related to the act of production.
\n<\/section>\n
\nWhile India has largely moved to the Goods and Services Tax (GST) which subsumed most excise duties, the concept of excise duty as a production tax is fundamental. Stamp duty is a transaction tax, and property tax is a wealth or ownership tax. The question asks which is a production tax, and Excise Duty fits this definition.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Consider the following taxes : 1. Stamp Duty 2. Property Tax 3. Excise Duty Which of the above is\/are the production taxes ? [amp_mcq option1=”1 and 2 only” option2=”2 and 3 only” option3=”3 only” option4=”1, 2 and 3″ correct=”option3″] This question was previously asked in UPSC Combined Section Officer – 2024 Download PDFAttempt Online The … <\/p>\n

Detailed SolutionConsider the following taxes :
\n 1. Stamp Duty
\n 2. Property Tax
\n 3. Exc<\/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":[1090],"tags":[1103,1120,1196],"class_list":["post-93833","post","type-post","status-publish","format-standard","hentry","category-upsc-combined-section-officer","tag-1103","tag-economic-development","tag-fiscal-policy-revenue","no-featured-image-padding"],"yoast_head":"\nConsider the following taxes : 1. Stamp Duty 2. Property Tax 3. Exc<\/title>\n<meta name=\"description\" content=\"The correct answer is 3 only (C). Production taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. Therefore, among the given options, only Excise Duty is directly related to the act of production.\" \/>\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\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consider the following taxes : 1. Stamp Duty 2. Property Tax 3. Exc\" \/>\n<meta property=\"og:description\" content=\"The correct answer is 3 only (C). Production taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. Therefore, among the given options, only Excise Duty is directly related to the act of production.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:58:23+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":"Consider the following taxes : 1. Stamp Duty 2. Property Tax 3. Exc","description":"The correct answer is 3 only (C). Production taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. Therefore, among the given options, only Excise Duty is directly related to the act of production.","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\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/","og_locale":"en_US","og_type":"article","og_title":"Consider the following taxes : 1. Stamp Duty 2. Property Tax 3. Exc","og_description":"The correct answer is 3 only (C). Production taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. Therefore, among the given options, only Excise Duty is directly related to the act of production.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:58:23+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\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/","url":"https:\/\/exam.pscnotes.com\/mcq\/consider-the-following-taxes-1-stamp-duty-2-property-tax-3-exc\/","name":"Consider the following taxes : 1. Stamp Duty 2. Property Tax 3. Exc","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:58:23+00:00","dateModified":"2025-06-01T11:58:23+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct answer is 3 only (C). Production taxes are taxes on goods and services as they are produced, sold, or used, independent of income and property. Excise Duty is a tax on the manufacture or production of goods. Stamp Duty is a tax on the execution of certain documents (like sale deeds, agreements). Property Tax is a tax levied on the ownership of property. 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