what is indirect tax?

Answer Posted / 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.

Is This Answer Correct ?    17 Yes 19 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2027


what is the scenario of multi-org setup?

1689


EXPAND___________NBW

1466


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1696


What is the difference between Risk, Threat & Hazard?

1484






What is the meaning of Debt reconciliation and how to do debt reconciliation?

1862


The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

1653


euro currency market

1469


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?

1610


Difference between nonoperating expentiture and non cash expenditure

1909


Expand-------BANT

1687


how there face in lvbank interview

1606


what is duties and responsibilities for clark working in sbi

1786


EXPAND___________IMF

1717


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

1582