In which of the following taxes can the burden not be shifted by the taxpayer to others?
Inheritance tax is a direct tax on the transfer or receipt of inherited wealth, whose burden falls on the person liable for it. Sales tax, excise duty and customs duty are…
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In which of the following taxes can the burden not be shifted by the taxpayer to others?
Answer and explanation
Correct answer D
Inheritance tax is a direct tax on the transfer or receipt of inherited wealth, whose burden falls on the person liable for it. Sales tax, excise duty and customs duty are indirect taxes that can be passed on through prices.
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West Bengal SET (WB SET)