The amount collected by a trader to be paid to the government from the amount paid by him to the government is known as ..............
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tax or GST
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The amount collected by a trader to be paid to the government from the amount paid by him to the government is known as
tax collected at source.
- Trader collects the amount from buyer, when the buyer makes a purchase.
- A part of amount the trader pays to the government as the tax.
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