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Consider the following taxes : I. Corporation tax II. Customs duty III. Wealth tax IV. Excise duty Which of these is/are indirect taxes

Consider the following taxes : I. Corporation tax II. Customs duty III. Wealth tax IV. Excise duty Which of these is/are indirect taxes ?

(a)

I only

(b)

II and IV

(c)

I and III

(d)

II and III

Answer:

(b)

Explanation