However, the evaluation of import duty is a base for calculating other tax rates such as excise tax and value-added tax, which resulted in higher prices for imported cigarettes.
The GST would also spare Indians from paying a "cascade" of taxes on taxes.Accountants, for example, pay state VAT on their physical inputs, such as pens and paper.
The GST would also spare Indians from paying a "cascade" of taxes on taxes. Accountants, for example, pay state VAT on their physical inputs, such as pens and paper.