CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is an Indirect tax?

A
Wealth tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Excise
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Income-tax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Surtax
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Excise
The tax whose burden can be shifted to some other is called as indirect tax. It is the tax that is not levied on the individual directly, it is levied on the goods and services. The duty which is levied on the manufacture of goods and services is called as excise duty. Hence, it is an indirect tax.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Tax
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon