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What are the Types of Indirect Taxes?

The different types of indirect taxes are as follows:

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    GST:

    Tax paid on purchase of goods and services by customers in India.

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    Stamp Duty:

    Tax paid to the state governments at the time of purchase or transfer of property.

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    Customs Duty:

    Tax paid on purchase of goods & services across international borders.

Did you know?

The central government collects income tax, CGST, central excise duty, etc.

The state government collects land revenue tax, SGST, stamp duty, state excise duty, etc.

Bravo! You’ve learnt quite a lot about taxes.

Now let's understand why it is important to pay tax

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