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Give an example of Indirect tax. - Economic Applications

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Questions

Give an example of Indirect tax.

Give two examples of indirect tax.

Answer in Brief

Solution

Here are some examples of indirect taxes:

  1. Goods and Services Tax (GST).
  2. Excise Duty.
  3. Customs Duty
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Notes

Students should refer to the answer according to their questions and based on their preferred marks.

Role of State in Economic Development
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Chapter 6: The State and Economic Development - QUESTIONS [Page 16]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
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