Indirect Taxation

Tax is a compulsory payment paid directly or indirectly to the government by the persons on whom it is imposed. Government needs funds for various purposes like administration, maintenance of law and order, defense, social, health services etc. government obtains funds from taxation. This book deals with various indirect tax acts and procedure. As such the whole book is divided into six chapters viz., Introduction to taxation, Central Excise Duty, Central Sales Tax Act 1956, The Customs Act 1962, Tamil Nadu General Sales Tax Act, 1959 and VAT. A list of reference has also been appended at the end of the text book.