10 Questions
Who bears the final burden of tax according to the text?
Taxpayers
Which article of the Indian Constitution deals with the distribution of legislative powers including taxation?
Article 246
What does List I in the Indian Constitution contain?
Matters only under Central Government's power
Who has the exclusive power to lay down rules for matters in List II?
State Legislatures
What is the purpose of List III in the Indian Constitution?
To distribute legislative powers between Centre and states
Which type of tax cannot be passed on to any other person?
Direct tax
Who pays indirect taxes in India indirectly?
Suppliers
Which of the following is a major indirect tax in India?
Customs
When are indirect taxes payable in relation to goods and services?
Before the goods/services reach the tax payer
What type of taxes are mainly based on consumption of goods and services?
Indirect taxes
Explore the concept of indirect taxes, a crucial element in a nation's functioning and development. Learn about the different types of taxes collected for public services and amenities provided by the government.
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