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Sort each as Direct or Indirect Tax.

Exercise and reference answers

Left
Direct
Items
  1. Item
    Income Tax
    Answer
    Direct
  2. Item
    Corporation Tax
    Answer
    Direct
  3. Item
    Wealth Tax
    Answer
    Direct
  4. Item
    GST
    Answer
    Indirect
  5. Item
    Customs Duty
    Answer
    Indirect
  6. Item
    Excise Duty
    Answer
    Indirect
Right
Indirect
Instructions
India's tax system.

Explanation

_Source: ICAI BoS Paper 4 'Business Economics' tax section_
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