Definition of Indirect tax. Meaning of Indirect tax. Synonyms of Indirect tax

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Definition of Indirect tax

Indirect tax
Indirect In`di*rect", a. [Pref. in- not + direct: cf. F. indirect.] 1. Not direct; not straight or rectilinear; deviating from a direct line or course; circuitous; as, an indirect road. 2. Not tending to an aim, purpose, or result by the plainest course, or by obvious means, but obliquely or consequentially; by remote means; as, an indirect accusation, attack, answer, or proposal. By what bypaths and indirect, crooked ways I met this crown. --Shak. 3. Not straightforward or upright; unfair; dishonest; tending to mislead or deceive. Indirect dealing will be discovered one time or other. --Tillotson. 4. Not resulting directly from an act or cause, but more or less remotely connected with or growing out of it; as, indirect results, damages, or claims. 5. (Logic & Math.) Not reaching the end aimed at by the most plain and direct method; as, an indirect proof, demonstration, etc. Indirect claims, claims for remote or consequential damage. Such claims were presented to and thrown out by the commissioners who arbitrated the damage inflicted on the United States by the Confederate States cruisers built and supplied by Great Britain. Indirect demonstration, a mode of demonstration in which proof is given by showing that any other supposition involves an absurdity (reductio ad absurdum), or an impossibility; thus, one quantity may be proved equal to another by showing that it can be neither greater nor less. Indirect discourse. (Gram.) See Direct discourse, under Direct. Indirect evidence, evidence or testimony which is circumstantial or inferential, but without witness; -- opposed to direct evidence. Indirect tax, a tax, such as customs, excises,

Meaning of Indirect tax from wikipedia

- An indirect tax (such as sales tax, per unit tax, value-added tax (VAT), or goods and services tax (GST), excise, consumption tax, tariff) is a tax that...
- tax or income tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which is described as an indirect tax...
- Goods and Services Tax is an indirect tax collected on supply of goods or service. Central Goods and Services Tax (CGST): Portion of Tax to central government...
- Sevā), often abbreviated to IRS (Customs&CentralExcise) or IRS (Customs&IndirectTaxes), now called IRS(Customs&GST) is a part of central civil service of...
- is primarily responsible for collecting and administering direct and indirect taxes. As a central civil service under Group A of the executive branch of...
- multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. Multi-staged as it is, the...
- correct tax allowances and tax relief. The first known taxation took place in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and...
- Tax Ordinance 2001 (for direct taxes) and Sales Tax Act 1990 (for indirect taxes) and administered by Federal Board of Revenue (FBR). The Income Tax Act...
- 2012 the total tax revenue was 42.2% of the gross domestic product (GDP). Many direct and indirect taxes exist. The most important taxes – in terms of...
- expanded to optimally distribute the weight of the tax burden, going from an almost exclusively indirect tax system to a system with direct taxation that can...