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Home › Bihar Board Class 12 (Arts) › Economics › Government Budget and the Economy › Which of the following is an indirect tax?

Which of the following is an indirect tax?

AWealth tax
BGift tax
CIncome tax
DCustoms duty
Answer & Solution
Correct answer: D. Customs duty
Customs duties on imports and exports, like excise duties, are indirect taxes, whereas income and corporation taxes are direct.
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