Consider the following objectives of the Budget proposals: 1. Encouraging the use of indigenous intermediate products. 2. Reducing the incidence of indirect taxes. 3. Simplifying the procedure for collecting indirect taxes. 4. Integrating all indirect taxes in one coordinated tax. MODVAT was introduced to achieve
Options
(a)2, 3 and 4
(b)1, 2 and 3
(c)2 and 3
(d)1 and 2
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