Question

Which of these is not a revenue receipt from non-tax revenue?

Options

• Interest receipts

• Dividends and profit of public sector enterprises

• Central excise duty

• Revenue from services provided by the government

Answer 1

Central excise duty

Explanation:

• Non-tax revenue receipts include interest receipts, dividends and profits of public sector enterprises, and revenue from services provided by the government.
• Central excise duty, however, is a tax, specifically an indirect tax (levied on the manufacture of goods), and is therefore part of tax revenue, not non-tax revenue.