- An
indirect tax (such as a
sales tax, per unit
tax, value-added
tax (VAT),
excise tax,
consumption tax, or tariff) is a
tax that is
levied upon
goods and...
-
often abbreviated to IRS (Customs &
Central Excise) or IRS (Customs &
Indirect Taxes), now
called IRS(C&IT) is a part of
central civil service of the Government...
-
Goods and
Services Tax is an
indirect tax collected on
supply of
goods or service.
Central Goods and
Services Tax (CGST):
Portion of
Tax to
central government...
- multistage, destination-based
tax:
comprehensive because it has
subsumed almost all the
indirect taxes except a few
state taxes. Multi-staged as it is, the...
- The
Central Board of
Indirect Taxes and
Customs (CBIC),
formerly the
Central Board of
Excise and Customs, is a
statutory body
under the
Department of Revenue...
-
direct tax is a
tax imposed upon a
person or
property as
distinct from a
tax imposed upon a transaction,
which is
described as an
indirect tax. There...
-
often compared with, a
sales tax. VAT is an
indirect tax,
because the
consumer who
ultimately bears the
burden of the
tax is not the
entity that pays it...
-
intermediate and
possibly capital goods as an
indirect tax. Most
countries in the
world have
sales taxes or value-added
taxes at all or
several of the national,...
-
correct tax allowances and
tax relief. The
first known taxation occurred in
Ancient Egypt around 3000–2800 BC.
Taxes consist of
direct or
indirect taxes and...
-
Excise tax in the
United States is an
indirect tax on
listed items.
Excise taxes can be and are made by federal, state, and
local governments and are...
