Answer Posted / shivani
Indirect tax is that tax which charged indirectly. Means it real burden goes to final consumer . just like vat etc. A producer sell the goods including tax, then retailer sell the goods by adding its own tax, etc . like this tax final burden goes to that person goes to final consumer who is going to purchase the goods for consumption.
In nut shell we can say a tax which is indirectly charged by seller is known as indirect tax .
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
When is a dedit note raised When is an expense booked
What is the difference between Risk, Threat & Hazard?
What is corporate restructuring?
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.
state and explain THREE types of situation to which accounting concept might be applicable
how to prepare mba finance for interview questions
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
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
Can I check my Vantage credit score range online?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
