GST is an Indirect Tax

because we do not pay it from own pocket

We collect it from Customer

 

when was GST Introduced.jpg

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Transcript

Tax-Direct Tax Indirect Tax Person pays tax from own pocket Example Income Tax Indirect Tax Person collects Tax from Customer Pays to Government Example VAT, Service tax, Excise, GST

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.