Write differnce between indirect tax and net indirect tax – InterviewSolution

1.	Write differnce between indirect tax and net indirect tax
Answer» ✨INDIRECT TAX:-- To find out market PRICE,Indirect taxes are added and SUBSIDIES are subtracted from factor cost as explained above.✨Net Indirect tax:-- In short market price includes net indirect tax where as factor cost does not.Thus,Factor cost become market price when net indirect taxes are added to factor cost. In the absence of indirect.

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