Question

Match the following:

1.	Principle of taxation	Direct Tax
2.	Estate tax	Goods and Service Tax
3.	Excise Tax	Adam Smith
4.	01.07.2017	Less elastic
5.	Direct Tax	Indirect Tax

Answer 1

1.	Principle of taxation	Adam Smith
2.	Estate tax	Direct Tax
3.	Excise Tax	Indirect Tax
4.	01.07.2017	Goods and Service Tax
5.	Direct Tax	Less elastic