Question

    Who bears the main burden of an indirect tax?

    A Manufacturers Correct Answer Incorrect Answer
    B Traders Correct Answer Incorrect Answer
    C Consumers Correct Answer Incorrect Answer
    D Taxpayers Correct Answer Incorrect Answer

    Solution

    Indirect taxes like VAT or GST are imposed on goods and services. Though collected by manufacturers or traders, the burden is typically passed on to the consumers, who pay higher prices for the goods.

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