English

Find the odd word: Non-Tax Revenue Sources: Fees, Customs duty, Special assessment, Fines and penalties - Economics

Advertisements
Advertisements

Question

Find the odd word:

Non-Tax Revenue Sources:

Fees, Customs duty, Special assessment, Fines and penalties

Odd One Out
Advertisements

Solution

Customs duty

Explanation:

Customs duty is a type of tax revenue, which is a compulsory payment on imports/exports. The other options, fees, special assessments, fines, and penalties, are non-tax revenue sources, as they are payments for specific services or penalties rather than general taxation.

shaalaa.com
  Is there an error in this question or solution?
2024-2025 (July) Official Board Paper
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×