Indirect taxes is the tax which applies on goods and service.
An indirect tax is one that is collected and paid to the government by one party in the supply chain, such as a manufacturer or retailer, but is then passed on to the customer as part of the cost of the commodity or service. The final recipient of the tax is the consumer, who pays extra for the good. Taxation on a person or an entity that is ultimately covered by another person is known as an indirect tax. The tax will subsequently be sent to the government by the organisation that collects it. However, in the case of direct taxes, the target of the taxation is the party that pays the tax right away.
To know more about Indirect taxes:
https://brainly.com/question/2095755
#SPJ4
