Answer / tanzeel khan

my point of u indirect is a tax which can paid unknowingly
by goods or services and idirectly included in
price of goods & which collected by manufacture from dealer..

Answer / akaash

indirect taxes are those taxes for which we are unaware
of.It is,however imposed by central sales tax govt.,is
charged on distinct types of commodities according to its
day-to-day perception.HOWEVER,it is the only type of tax
which doesn't create any type of hypertension in the mind
of payer.

Answer / pradeep y

Indirect tax are those tax which are charge to assessee,but assessee can not pay tax.such as service tax,excise duty etc.

Answer / richardik

example
EXAMPLE of indiracttax are:-
centralexciseduty,customduty,salestax(VAT),servicetax.

Answer / manisha

direct tax is not shifted to another person its paid
directly to govt .but we can shifted indirect tax to other
persoon its calculate by more person for exp.
manufacture ,retalers, distibuters and at lest cusumer .

Answer / barister mahnoor khan

i think you all of you wrong

Answer / vijay sharma

indirect tax is a kind of charge which is not imosed
directly on the taxpayer
for example sale tax exise duty service tax value added tax

Answer / rajinikanth(loyola)

INDIRECT TAX:

Tax payers pay indirectly ies,purchasing goods and
commodities pay services.
indirect tax r paid before the good or services reach the
tax payerexample:service tax,cst customs,excise duty.

Answer / ramsundar.m (b n bahadur insti

Indirect Tax or the tax that is levied on goods or services
rather than on persons or organizations are of different
types in India like Excise Duty, Customs Duty, Service Tax,
and Securities Transaction Tax. In India, there are a series
of Tax laws and regulations in order to control the indirect
taxation, which can be either law, made by the central
government or even can be state specific laws. As a result
these taxes are an important part of the total cost. It is
thus essential to make appropriate planning for such costs.

Nearly all of the activities that are subjected to indirect
taxation range from manufacturing to those required for
final consumption. Activities related to trading, imports,
and services are also included in this list. As a result
Indirect Tax has an impact on all business lines. At present
the Indirect Taxes in India are under a transformation due
to the changing fiscal reforms of the Indian government.
Many new acts and laws are being introduced replacing the
old laws and all related issues, which have become
redundant. However, it should be remembered that such new
laws while on one hand would create new opportunities, but
also at the same time would lead to a certain extent of
uncertainty and judicial proceedings.

In general, the Indirect Tax in India is a complex system of
interconnecting laws and regulations, which includes
specific laws of different states. For this there are many
reliable organizations in India, which employs efficient
Indirect Tax professionals to help their clients. These tax
professionals with their in-depth knowledge and wide-ranging
experience offers effective planning methods to their
clients in order to help in their cost minimization. The
Indirect Taxation regime encompasses various types of taxes
like Sales Tax, Service Tax, Custom and Excise Duties, VAT
and Anti-Dumping Duties, and the organizations provide
services in all these related fields.

In the recent year, the Indian government has undertaken
significant reform of indirect taxation system. This
includes the initiation of a region-based and state-level
VAT on goods. However, it should be noted that as taxes
still forms a barrier to inter-state trading in order to
attain a secured market for the activities related to
services and goods more reform is needed. Some of the
reforms that can be introduced for a better indirect
taxation system in India are -

* The serialized set of Indirect Taxes so far activated
at the central and state levels should be amalgamated and
treated as a single tax.

* The integrated Indirect Tax should be neutral at all
levels such that chances of fraudulence would be minimized

* The Central Sales Tax, which obstructs easy trading
between different states, is being under the process of
termination that would help to abolish the control measures
on the inter-state trade

By the year 2010 the Indian government has planned to
activate a goods and services tax neutral at all levels in
order to fulfill these objectives. The government can
undertake either an introduction of a national VAT or a
system, which would permit both a state VAT, or a central
VAT. Along with this if the government also can incorporate
a central VAT that can be rebated, on the trade across the
boundary lines, then there would be minimum chances of
fraudulence.

Answer / e. sivakumar

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

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