GST is an Indirect Tax
because we do not pay it from own pocket
We collect it from Customer
Chapter 1 GST Basics
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
Transcript
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