Correct Answer: Goods and services tax

Solution : The correct answer is the Goods and services tax .

Indirect tax refers to the tax which is imposed on one person but is paid partly or wholly by another. Thus, these taxes' impact and incidence are on different persons. GST (Goods and services tax) is an example of this indirect tax.

GST was introduced by the Government of India to boost the economic growth of India. It was introduced in 2017 to save time, cost and effort. The power to make any changes in the GST law is in the hands of the GST council, which the Finance Minister of India chairs.