relationship from Tipu Sultan’s reign, this huge and really lively bazaar has neighborhood traders providing common objects including flower garlands, incense, spices and… product sales tax is levied around the sale of a commodity that may be generated or imported and marketed for The very first time. The tax levied on services vendors for pr
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[ten] Furthermore, the extent of regressive nature of the indirect tax is dependent upon the type of indirect tax. Empirical evidence implies that excise taxes are normally more regressive than VAT. This might be attributed to the fact that excise taxes are levied on goods like Liquor, tobacco, and these merchandise comprise a better share of bud