difference between indirect tax and consumers
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We all know about upcoming tax system GST . Good and service Tax . It is very helpful to consumer . Because by implementing this system taxes will become transparency .Indirect taxes are the viruses that reduce the consumption level of consumer and made economic inequality among consumer . indirect taxes are being increased by brokers at several stages . Brokers can increase the price of a particular product on the basis of their benefits .
ananya40:
thnx a lot
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a tax is said to be direct, if the tax payer bears the burden of the tax. This is direct tax
Indirect tax :a tax is shifted by the payer to others. If scales tax is imposed on sugar, the producer or dealer who pays it passes it on to the next buyer and intimately the burden is borne by the consumer
Indirect tax :a tax is shifted by the payer to others. If scales tax is imposed on sugar, the producer or dealer who pays it passes it on to the next buyer and intimately the burden is borne by the consumer
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