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Test on Laws Relating to Motor Vehicles - Paper II
Choose the correct answer from the following options
1. Tax in respect of recovery van having an invoice value of Rs. 12 lakh and the purchaser obtained a rebate of Rs. 25,000 from the dealer making the net amount payable as 11,75,000 :
A
6% of 11,75,000
B
8% of 12 lakhs
C
6% of 12 lakhs
D
8% of 11,75,000
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