GST is an Indirect Tax
because we do not pay it from own pocket
We collect it from Customer
Is GST a Direct Tax or Indirect Tax?
Last updated at Dec. 16, 2024 by Teachoo
Last updated at Dec. 16, 2024 by Teachoo
GST is an Indirect Tax
because we do not pay it from own pocket
We collect it from Customer
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 is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.