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Q: Is value added tax a direct tax or indirect tax?
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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 the difference between direct tax and indirect ta?

Direct taxes are levied directly on individuals or organizations and cannot be transferred to another party, such as income tax or property tax. Indirect taxes are imposed on goods and services and are ultimately paid by the consumer, like sales tax or value-added tax.


Is petroleum tax a direct or indirect tax?

it is an indirect tax


Is vat a direct tax or indirect tax?

VAT- Value Added Tax is an indirect tax. It is also easier for the consumer to pay the amount in installments rather than paying a huge amount to the government for the betterment of economy. You can hire a VAT Tax agent in UAE from Flyingcolour Tax Services to get VAT advise for your business.


Is property tax direct or indirect tax?

A property tax (or millage tax) is levied on the value of property, an ad valorem tax that the owner is required to pay. It is a direct tax.


Is import duty a direct tax or indirect tax?

indirect tax


Is wealth tax a direct tax or indirect tax?

direct tax


What are the indirect taxes?

A tax that is not assessed on and collected from those who are intended to bear it. Unlike a direct tax,it cannot take individual circumstances into account. Although levied on producers, the burden of an indirect tax may be 'shift' to consumers. Ex: value added tax, sales tax, payroll tax and excise duties.


Is the tax on your house indirect tax or direct tax?

excise taxA+


Is capital gains tax direct or indirect tax?

direct tax


Is federal income tax direct or indirect?

Federal income tax is a direct tax on income and not an indirect tax. Direct taxes are paid directly to the government.


Is toll tax direct OR indirect tax?

Toll tax is a direct tax