what is indirect tax?

Answer Posted / e. sivakumar

Direct Tax Levied by the Government form the Tax Payers.
And the Indirect Tax are collected by the Intermediary.

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?

1606


what type of questions are asking for fund administration???

5025


how to mention last year profit of ay private limited company in current year balance sheet ?

808


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

1688


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

11395






describe how accuracy in trial balance is a prime objective for preparing the financial statements?

1578


what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

1848


What is a Balance Sheet & Profit & Loss Account?

1486


Distinguish capital and Revenue receipts

1751


what is CDD’s configuration

1763


What is the important of cash in a business unit

1508


Comments Elements in accounting

1394


What is the Assets & Liabilities?

1782


as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes

3264


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

1905