Math, asked by parijindal36, 10 months ago

what is the difference between value added tax and sales tax​

Answers

Answered by shivanibhandarik
3

The Value Added Tax is a form of indirect tax that is imposed at different stages of production on goods and services. ... Sales tax, as compared to VAT is the percentage of revenue imposed on the retail sale of goods. Unlike VAT, sales tax is levied on the total value of goods and services purchased.

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