Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is indirect tax?

Answer Posted / rekha gusain

As everybody knows, tax may be direct or indirect. Direct
tax ix the tax, burden of which cannot be shifted to
others. e.g. income tax. In this the tax is paid by the
person who earns and nobody except him can pay his tax on
his behalf.

On the other hand there is indirect tax like sales tax.
In such type of tax the burden can be shifted to other
person.eg a manufacturer of printing paper pays sales tax
on sale of his product but later on he can receive the
amount of tax paid by the manufacturer from the buyer of
the goods.

Is This Answer Correct ?    41 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why should we are preparing BRS

2088


In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

2196


Nature of training account with reason

1638


what is contigent liabilities? whats it status in balance sheet?

2270


what is ledger account

2181


EXPAND______________ICC

2250


can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

2469


what is an advance against expenses

3470


In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2063


What are the benefits ofparticipation in a depository?

2540


Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

2002


Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

2043


what is investment banking

2036


How to maintain Purchase Orders ? Please explain by proper format.

2283


what is crisil?what is the advantage of crisil rating?

3667