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What is direct tax & indirect tax

Answer Posted / sriparna

The Tax whose burden can not be shifted from the assessee
to other person is Known as Direct Tax. The assessee
himself has to borne it totally. Eg- Income Tax, Wealth Tax.

The Tax whose burden can be shifted from the assessee to
other person is Known as Inirect Tax. Eg- VAT,CST,Service
tax, Excise Duty, Custom Duty etc .

Is This Answer Correct ?    32 Yes 9 No



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