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Answer : 2. "Goods and services tax "
Which of the following is an indirect tax?
5Q:
Which of the following is an indirect tax?
- 1Capital gains taxfalse
- 2Goods and services taxtrue
- 3Wealth taxfalse
- 4Gift taxfalse
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Answer : 2. "Goods and services tax "
Explanation :
1. Of the following, Goods and Services Tax is an indirect tax.
2. There are many types of indirect taxes, which include service tax, excise duty, customs duty and VAT.
3. GST has simplified the indirect tax system.