Advertisements
Advertisements
Question
Which of the following is an indirect tax?
Options
GST
Wealth tax
Income tax
Corporation tax
MCQ
Advertisements
Solution
GST
Explanation:
GST is levied on the sale of goods and services and its burden is passed on to the final consumer; hence it is an indirect tax. Wealth tax, income tax and corporation tax are direct taxes as their burden is borne by the person on whom they are imposed.
shaalaa.com
Is there an error in this question or solution?
