0
yes
What else can I help you with?
Is a excise duty a direct tax?
No. It is indirect tax.
Custom duties is it direct tax?
yes
Is import duty a direct tax or indirect tax?
indirect tax
Which indirect tax registered the maximum growth?
Custom duty
Is death duty a direct tax in India?
Yes
List of direct and indirect taxes?
In India... the list of direct and indirect taxes.. is as following.. Direct Tax: Income tax corporation tax property tax inheritence (estate) tax & gift tax Indirect tax: customs duty, central excise duty, service tax, sales tax, value added tax (VAT), securities transaction tax
What is Internal external taxation?
An external tax is placed on an item coming into the colony. It is a custom duty levied against a certain product. Example would be a duty on a piece of machinery made in Great Britain. The duty is paid by the shipper but passed on to the consumer by raising the price of the machinery. An internal tax is a direct tax. It is a tax added on to the price of something purchased by the consumer. The Stamp Tax is an example. When you purchased a newspaper, you also had to hand over a bit more money to pay the stamp that was placed on the paper as the tax. The consumer knows he/she is paying a direct tax.
Is TDS a direct tax or an indirect tax?
TDS means tax deducted at source. It is employer's duty to deduct tax at source otherwise govt. may take action. It is a direct tax.
A custom duty is a tax on what?
A customs duty is a tax paid on items taken out of a country. If a person buys something in a foreign country, there might be a special tax levied on that item to bring it to the next country.
Q. From which type of tax the Govt of India earns maximum amount of revenue?
custom duty
Difference between excise duty and custom duty?
Duty and tax differs in the sense that the former one is implied only on financial transactions, commodities, estates and the like, where the latter is mainly levied on both goods and individuals. Duties are generally inputs and are tagged with a “cost” perspective. On the other hand, taxes generally are inputs and are tagged on an “income or value” perspective.Read more:Difference Between Duty and Tax | Difference Between | Duty vs Taxhttp://www.differencebetween.net/miscellaneous/politics/difference-between-duty-and-tax/#ixzz2ObX4LMbP
What is duty (as in tax)?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
