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Which of the following is not an example of the indirect tax?
- ASales tax
- BCustom Duty
- CExcise Duty
- DIncome Tax
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CCommunity
? Income Tax is not an example of indirect tax, it comes under the direct tax.
? Indirect tax is a type of tax collected by the government from an intermediary and are not directly transferred to the government.
? Examples of Indirect tax are service tax, sales tax etc.
? A direct tax is borne directly by the entity that pays it.
? Examples of direct taxes are income tax, corporation tax etc.
? Indirect tax is a type of tax collected by the government from an intermediary and are not directly transferred to the government.
? Examples of Indirect tax are service tax, sales tax etc.
? A direct tax is borne directly by the entity that pays it.
? Examples of direct taxes are income tax, corporation tax etc.