0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is service tax in India?
The Service Tax in India is an indirect tax on all services, although there are some exclusions. In 2015, it was increased to 14%.
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
Is petroleum tax a direct or indirect tax?
it is an indirect tax
Is import duty a direct tax or indirect tax?
indirect tax
Is the tax on your house indirect tax or direct tax?
excise taxA+
How do you calculate net indirect tax?
net indirect tax = tax - subsidies
What are examples of indirect tax?
One example of indirect tax is Income Tax.
A sales tax on food items is what type of tax?
indirect tax
Is service tax indirect tax?
Indirect tax is a tax that is shifted from one taxpayer to another through an increase in the price of the good. Service tax is an example of an indirect tax because it is collected by an intermediary.
Is an example of an indirect tax?
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.
Is the tax on food items a direct or indirect tax?
Indirect tax because they are impose on goods and services
What is GST tax?
GST or Goods and Services Tax, is a tax which combines various indirect taxes being charged by Central and State governments, which resulted in multiple receipts/payment/compliance being needed for multi-state business. GST is a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India (Except state of Jammu and Kashmir), to replace taxes levied by the central and state governments
