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Question : Which of the following is an indirect tax?

Option 1: Capital gains tax

Option 2: Goods and services tax

Option 3: Wealth tax

Option 4: Gift tax


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Goods and services tax


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

A tax on goods and services is known as the goods and services tax or GST. It is an indirect tax that was put in place to take the place of several other indirect taxes, including excise duty, VAT, purchase tax, and service tax. In India, it is imposed on the supply of specific goods and services.

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