Paying tax for salt
There is no tax imposed on salt in India. Salt is considered an essential commodity and is exempt from any form of taxation, including indirect taxes like the Goods and Services Tax (GST). This exemption is in place to ensure the availability and affordability of salt for all individuals in the country. Paying tax for salt is not in rule.
To visit:https://www.gst.gov.in/
However, it’s important to note that tax policies can change over time, and it is advisable to refer to the latest updates from the relevant government authorities, such as the Ministry of Finance or the Central Board of Indirect Taxes and Customs (CBIC), to obtain the most accurate and up-to-date information on taxation regulations related to salt in India.
For further details access our website https://vibrantfinserv.com/