Explain through an example, how the burden of an Indirect Tax is shifted?
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Explain through an example, how the burden of an Indirect Tax is shifted?

Explain through an example, how the burden of an Indirect Tax is shifted?
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Explain through an example, how the burden of an Indirect Tax is shifted?

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Sales Tax is an Indirect Tax. A shopkeeper pays sales tax to the Government. But, the shopkeeper recovers this tax from the customers as a part of price of the commodity sold. So, impact of sales tax (an indirect tax) is ultimately shifted to the consumers.

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