Question

WHAT IS THE FULL FORM OF VAT​

Answer 1

Answer:

VAT: Value Added Tax

VAT stands for Value Added Tax. It is a common form of indirect tax which is imposed only on tangible goods or products. It is imposed at each stage of production involved in turning raw material into finished goods and at the point of sale.

Answer 2

Answer:

VAT: Value Added Tax

VAT stands for Value Added Tax. It is a common form of indirect tax which is imposed only on tangible goods or products. It is imposed at each stage of production involved in turning raw material into finished goods and at the point of sale.

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