Multiple choice

Which of the following taxes cannot be shifted?

  1. Perquisite tax

  2. Service tax

  3. Excise duty

  4. Custom duty
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

This tax cannot be shifted. The perquisite tax is to be paid on the non-monetary benefits provided by employers to its employees like car provided with driver, medical reimbursements etc. The tax on non-monetary benefits provided by the employer to its employee is to be paid by the employer and it cannot be shifted.

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