Assistant Manager Tax Question: Explain taxation? Assistant Manager Tax Interview QuestionAnswer: Taxation is a mean by which governments finance their expenditure by imposing charges on citizens and corporate entities. Previous QuestionNext QuestionWhat is effect of accounting taxation?If we are not able to issue F form and Goods transfer treat as deeded sale and want to paid taxes on that sale. but local tax rate is Zero. in above situation I can transfer of goods without F Form and Without paying any tax?