Corporation tax was the largest contribution to the Gross Tax Revenue of Government of India in 2019-20. It is the direct tax imposed on the net income or profit that the enterprise make from their business. Goods and service tax is an indirect tax, levied on the supply of goods and services. It mainly remove the cascading effect on the sale of goods and services. Customs duty tax refers to the tax imposed on goods when they are transportated across international borders. Union excise duty is an indirect tax on goods manufactured in India.