Term Tax on Tax under GST

Meaning of term Tax on Tax under GST

 

The details about Tax on Tax are explained here. 

Tax on Tax

Tax on Tax means the levying tax on tax liability. Due to non-availability of credit of taxes paid between inter states, taxes were added to taxable value of supply while arriving the tax liability. GST aim to remove all such tax on (cascading of taxes) on goods and services supplied.

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