Indirect Tax Laws - Commerce Ka Ladka -commerce in easy language

Indirect Tax Laws

Indirect tax laws refer to the set of rules and regulations that govern the collection and administration of taxes that are levied on goods and services, rather than on individuals or entities directly. Indirect taxes are usually added to the price of goods or services and are ultimately borne by the final consumer.

Related: History

Related: Basic Terms of Indirect Tax

Related: Basic Terms of Indirect Tax

Related: History

Some examples of indirect taxes include value-added tax (VAT), sales tax, excise duty, customs duty, and service tax. These taxes are usually administered by government agencies such as the tax department or the customs department.