Trick to remember Indirect Tax

GK SPRINT
0

Trick: EXCUSE ME


  •  EX - exercise duty
  • CU - custom duty
  • Se - Service tax and Sales Tax
  • M - Market tax / VAT
  • E - Entertainment tax
Exercise duty, customs duty, and service tax are all examples of Indirect tax. But GST and income tax,  are examples of direct tax.
 
PYQ
-Which of the following is an Indirect Tax in India?( SSC CGL 11 April 2022)
Goods and Services Tax

- which of the following is an example of indirect tax? (SSC GD Constable 1 Feb 2023)
GST

Tags

Post a Comment

0Comments

Post a Comment (0)