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23 July, 06:23

Indirect tax, on a good or service. The tax is paid by the consumer of the goods when the item is bought, but the tax is paid to the seller or maker of the item. That seller or maker, then pays the collected tax on the item to the government.

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  1. 23 July, 08:36
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    Excise duty thus this type of tax is paid on goods sold
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