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What Is an Indirect Tax and How Does It Impact Your Money?Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.
The government has detected GST evasion worth Rs 12,000 crore in 8 months till November, a senior tax official said Wednesday. Central Board of Indirect Taxes and Customs (CBIC) member John Joseph ...
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