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Is excise duty a direct tax 2024?

Amelia Brown | 2023-05-07 23:59:13 | page views:1863
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Ethan Jackson

Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
If the taxpayer is just a conduit and every stage the tax-incidence is passed on till it finally reaches the consumer, who really bear the brunt of it, such tax is indirect tax. Example: - Excise Duty, Customs Duty, Sales Tax etc. Excise Duty is an indirect tax levied and collected on the goods manufactured in India.
2023-05-16 23:59:13

Isabella Kim

QuesHub.com delivers expert answers and knowledge to you.
If the taxpayer is just a conduit and every stage the tax-incidence is passed on till it finally reaches the consumer, who really bear the brunt of it, such tax is indirect tax. Example: - Excise Duty, Customs Duty, Sales Tax etc. Excise Duty is an indirect tax levied and collected on the goods manufactured in India.
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