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Find the above attached question and give the answer properly. Suppose there is only one 'final' good cheesecake' in an economy, which uses Good B-cheese

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Find the above attached question and give the answer properly.

Suppose there is only one 'final' good cheesecake' in an economy, which uses Good B-cheese as input. Again, Good B uses Good A-milk as input. Suppose the value addition (VA) made by each of the producers of A, B and C is Rs.100 at respective stages of production, and the tax rate in 10%. Compare the 'tax incidence on the consumer' (net-tax on consumers as % of VA consumed) under the scenarios: (1) when tax is imposed on the VA and input tax credit - ITC, is received by the tax payer on every stage of production and (2) Government has decided to keep the cheesecake industry (VA therein) under 'NIL' tax bracket

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