Mathematics
GST is :
a direct tax
an indirect tax
both (1) and (2)
neither (1) nor (2)
GST
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Answer
GST is an indirect tax.
Hence, Option 2 is the correct option.
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Related Questions
IGST is charged on :
interstate transaction
intrastate transaction
both (1) and (2)
none of these
ITC stands for :
Income Tax Calculations
Input Tax Credit
Instant Tax Credit
None of these
GST which is collected by the state government for intrastate transaction is known as :
CGST
SGST
IGST
All of these
The selling price of a shirt excluding GST is ₹ 800. If the rate of GST is 12%, then the total price of the shirt is :
₹ 704
₹ 96
₹ 896
₹ 848