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(1) The GST is recommended by the___ on implementation of the Fiscal Responsibility and Budget Management (FROM) Act, 2003 (a)Keller Task Force.(b) (c)Chidambaram Task Force Lately Task Force(d)None

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What is fm indirect tax?

FM indirect tax is a tax imposed on goods and services at each stage of the production process, but the ultimate burden falls on the final consumer.

Who is required to file fm indirect tax?

Businesses or individuals involved in the production, distribution, or sale of goods and services are required to file FM indirect tax returns.

How to fill out fm indirect tax?

Filling out FM indirect tax involves reporting the taxable transactions, calculating the tax amount, and submitting the return to the relevant tax authorities.

What is the purpose of fm indirect tax?

The purpose of FM indirect tax is to generate revenue for the government and to help regulate consumption patterns.

What information must be reported on fm indirect tax?

Information such as taxable sales, purchases, input tax credits, and tax payable must be reported on FM indirect tax returns.

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