Which of the following is NOT an indirect tax?

Correct option is D

Wealth tax is a direct tax that is levied on the net wealth or assets of an individual, which means that the tax is paid directly by the taxpayer who owns the wealth or assets.
· On the other hand, excise tax, goods and services tax (GST), and customs duty are indirect taxes, which are levied on the sale, purchase, or consumption of goods and services.
· These taxes are typically paid by the consumer, but they are collected and remitted to the government by businesses that sell goods or services. So, among the options given, (d) Wealth tax is the only direct tax, whereas the others are indirect taxes.