on the other hand, the tax is passed on to the consumer because of the company or retailer as Portion of the acquisition cost of a very good or assistance. The buyer is ultimately shelling out the tax by paying out additional for your solution. TDS (tax deducted at source) is actually a sort of direct tax in India. It's a tax-selection system exac
Detailed Notes on Indirect Tax
The GST is levied within the point out the place items and services are eaten (instead of exactly where They're produced), that makes it a spot-dependent tax. it really is charged at every single place of sale which is included in the price that a purchaser pays when purchasing an item. TurboTax calculations are 100% correct so your taxes might be