the tax levied by central government for trading within a state is
Answers
Answered by
1
goods taxes
smart answer U know the trend
smart answer U know the trend
Answered by
0
The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State. An important restriction on this power is Article 265 of the Constitution which states that "No tax shall be levied or collected except by the authority of law".[3] Therefore, each tax levied or collected has to be backed by an accompanying law, passed either by the Parliament or the State Legislature
Similar questions