banner_ad

License and tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 November 2011 Kindly let me the differences between the Tax and License Fee.
Profile Image

RAMESH KUMAR VERMA

Profile Image

RAMESH KUMAR VERMA (Expert)
09 November 2011 TAX IS IMPOSITION FINANCIAL CHARGE OR OTHER LEVY UPON A TAXPAYER BY STATE OR CENTRAL GOVERNMENT.

TAXES ARE TWO TYPES: DIRECT AND INDIRECT.

THE TAXES WHO BURDEN FALLS DIRECTLY ON THA TAXPAYERS ARE DIRECT TAX.

THE TAXES IN PASSED BY THIRD PARTY IS KNOWN INDIRECT TAXES.
LIKE SERVICE TAX AND VAT.


a fee paid to the government for the privilege of being licensed to do something (as selling liquor or practicing medicine)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details