Budget 2019: What is Indirect Tax?

Indirect taxes are imposed on goods and services. They are paid by consumers indirectly at the time of buying goods and services. (File Photo)

Indirect Taxes

Indirect taxes are imposed on goods and services. They are paid by consumers indirectly at the time of buying goods and services. These are of two kinds Goods and Services Tax (GST) and customs duty. GST Council is the decision making body for GST and the Union Budget has nothing to do about it.

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