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Question

Identify the indirect tax from the following options ________________________.

A
Corporate Tax
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B
Income Tax
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C
Goods and Services Tax (GST)
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D
Capital Gains Tax
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Solution

The correct option is C Goods and Services Tax (GST)
An indirect tax is the one - the final burden of which can be shifted to other persons. Thus, goods and services tax is an indirect tax as the final burden of GST can be shifted to different persons during trade.

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