Production tax is a direct tax??
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A direct tax is the opposite of an indirect tax, where the tax is levied on one entity, such as a seller, and paid by another, such as a sales tax paid by the buyer in a retail setting. Both taxes are
equally important to the revenue generated by a government andtherefore, to the economy.
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Answer is :- Yes
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I only want to understand this you properly so that's why i copy it from Google...
equally important to the revenue generated by a government andtherefore, to the economy.
.
.
Answer is :- Yes
.
.
.
.
I only want to understand this you properly so that's why i copy it from Google...
rekhachandila112:
But please don't copy as it is line from the Google #BTW thanks for the answer
But it is given on the Google that it is a kind of VAT....and VAT is an indirect tax???
I am confused now....
Answered by
1
yes production tax is direct tax
hope it helps you ❤
hope it helps you ❤
please help me out....it is given on the Google that Production tac is a VAT and as far as I concerned VAT is a kind of the an indirect tax....
totally confused??
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