Question

What is mean by indirect tax?

Answer 1

Indirect tax is a type of tax where the incidence and impact of taxation does not fall on the same entity. Description: In the case of indirect tax, the burden of tax can be shifted by the taxpayer to someone else. ... Customs duty, central excise, service tax and value added tax are examples of indirect tax.

Answer 2

Hey gud morning,
Indirect tax :a tax leveid on goods nd services rather than income or profits.
Thanku