![What is meant by consumption tax? What is meant by consumption tax?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
What is meant by consumption tax?
Consumption tax is an indirect tax on the purchase of a good or service by the consumer in the form of retail sales taxes, excise taxes, tariffs, value-added taxes (VAT) etc.
CATEGORIES Economics
TAGS Dr. Bbosa Science