Hidden Taxes Mean?
Taxes that are indirectly assessed upon consumer goods without the consumer's knowledge. Hidden taxes are levied upon the goods at some point during the production process and therefore raise the cost of the goods sold. However, this tax is never revealed directly to the consumer, who simply pays a higher price for the good, not knowing that part of that price is due to this tax.
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Hidden Taxes Mean?
Replies (2)
Please give some examples of such hidden taxes that we can also know of it.
Thanks
AS per his explanation Exise is hidden tax because whenever you purchased Manufactured goods then you pay VAT (visible in Invoice) but not exise but is has incurred in amount.
Regards
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