Question

Tax on imports can be treated as *​

Answer 1

Answer:

Tax on import can be treated as inter state supplies and IGST will led be levied on import of goods and service into the country .

hope it may help you

☺if this helped you mark as branliest

Answer 2

Tax on imports can be treated as a trade barrier.

• The options are missing in the given question which are :

(a) Collateral

(b) Trade Barriers

(c) Foreign Trade

(d) Terms of Trade

• Tax on imported goods is also called Tariffs.
• Tariffs are set up by the government of the country to control trading activities between the domestic and international markets.
• By imposing a higher tax rate on imported goods domestic consumers are restricted from buying goods from the international market.
• The government uses this policy to enhance the development and growth of the domestic market.
• Hence, import taxes are considered a trade barrier.