what is indirect tax?

Answer Posted / debendra mahapatra

Indirect tax is a tax on goods and services, the incidence
of which is borne by the consumers who ultimately consume
the goods and services. The major source of indirect taxes
are excise duty, customs duty, sales tax, service tax etc.

Is This Answer Correct ?    27 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How you implemented a chargeback system?

1791


im preparing for the sbi clerical post please send me the solved questions.

1771


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6100


You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

1476


whts is the meaning of over cost and under cost, what is difference ?

11398






what is meant by cash purchase?

907


which are company offering jobs in PORTFOLIO MANAGEMENT ?

1776


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

1764


i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.

1609


what are the rules and regulations of junior accountant

1898


fridge was capital or revenue?

1780


Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?

1948


Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?

1618


different between acconting and elective mathematics

1721


please give me a last 10 years sbi clerk question and answer paper

1520