There are several types of Indirect Taxes, such as:
1. Excise Duty: Payable by the manufacturer who shifts the tax burden to retailers and wholesalers.
2. Sales Tax: Paid by a shopkeeper or retailer, who then shifts the tax burden to customers by charging sales tax on goods and services.
3. Custom Duty: Import duties levied on goods from outside the country, ultimately paid for by consumers and retailers.
4. Entertainment Tax: Liability is on the cinema theatre owners, who transfer the burden to cinema goers.
5. Service Tax: Charged on services like telephone bill, insurance premium such as food bill in a restaurant etc.
