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Answer Posted / ajoy kumar rai
TAX IS A COMPULSORY CONTRIBUTION MADE TO GOVT FOR ENJOYING
GOODS AND SERVICES RENDERED BY GOVT.
EXAMPLES:- INCOME TAX, WEALTH TAX, SALES TAX, VALUE ADDED
TAX(VAT),CUSTOM DUTY, EXCISE DUTY, OCTROI DUTY,
PROFESSIONAL TAX, ENTERTAINMENT TAX, TOLL ETC.
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