Social Sciences, asked by dundigallajagan, 7 months ago

what would vat reduce the evasion of taxes on goods ? explain breifly for four marks

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Answered by xKALESHIxCHORAx

Answer:

$\huge\rm\underline\purple{Answer:-}$ The VAT regime will help to curb tax evasion and add more revenue to the state exchequer. All producers and traders will have to keep genuine record of their Sale and purchase. ... These records and verifications in VAT reduce the evasion of taxes on goods. $</head><body><div class="container"><div id="cube"><div class="front">Hope It</div><div class="back">Hope It</div><div class="right">Hope It</div><div class="left">Helps</div><div class="top">Helps</div><div class="bottom">Helps</div></div></div><style>body {padding-left: 30%;padding-top: 5%;}.container {width: 200px;height: 200px;position: relative;-webkit-perspective: 1000px;-moz-perspective: 1000px;}#cube {width: 100%;height: 100%;position: absolute;-webkit-transform-style: preserve-3d;-webkit-animation: rotatecube 10s infinite;-moz-transform-style: preserve-3d;-moz-animation: rotatecube 10s infinite;}#cube div {width: 200px;height: 200px;display: block;position: absolute;border: none;line-height: 200px;text-align: center;font-size: 50px;font-weight: bold;}@-webkit-keyframes rotatecube {0% { -webkit-transform: rotateX(0deg) rotateY(360deg) rotateZ(90deg); }25% { -webkit-transform: rotateX(90deg) rotateY(270deg) rotateZ(180deg); }50% { -webkit-transform: rotateX(180deg) rotateY(180deg) rotateZ(0deg); }75% { -webkit-transform: rotateX(270deg) rotateY(90deg) rotateZ(360deg); }100% { -webkit-transform: rotateX(360deg) rotateY(0deg) rotateZ(270deg); }}@-moz-keyframes rotatecube {0% { -moz-transform: rotateX(0deg) rotateY(360deg) rotateZ(90deg); }25% { -moz-transform: rotateX(90deg) rotateY(270deg) rotateZ(180deg); }50% { -moz-transform: rotateX(180deg) rotateY(180deg) rotateZ(0deg); }75% { -moz-transform: rotateX(270deg) rotateY(90deg) rotateZ(360deg); }100% { -moz-transform: rotateX(360deg) rotateY(0deg) rotateZ(270deg); }}.front {background: rgba(255,0,0,.5);}.back {background: rgba(0,255,0,.5);}.right {background: rgba(0,0,255,.5);}.left {background: rgba(0,255,255,.5);}.top {background: rgba(255,0,255,.5);}.bottom {background: rgba(255,255,0,.5);}#cube .front {-webkit-transform: rotateY(0deg ) translateZ( 100px );-moz-transform: rotateY( 0deg ) translateZ( 100px );}#cube .back {-webkit-transform: rotateX( 180deg ) translateZ( 100px );-moz-transform: rotateX( 180deg ) translateZ( 100px );}#cube .right {-webkit-transform: rotateY( 90deg ) translateZ( 100px );-moz-transform: rotateY( 90deg ) translateZ( 100px );}#cube .left {-webkit-transform: rotateY( -90deg ) translateZ( 100px );-moz-transform: rotateY( -90deg ) translateZ( 100px );}#cube .top {-webkit-transform: rotateX( 90deg ) translateZ( 100px );-moz-transform: rotateX( 90deg ) translateZ( 100px );}#cube .bottom {-webkit-transform: rotateX( -90deg ) translateZ( 100px );-moz-transform: rotateX( -90deg ) translateZ( 100px );}</style></body></html>$

Answered by XxpriyanshuxX

Explanation:

Answer. It is a clear and transparent method of tax collection, which broadens the tax net, and helps to monitor a large number of people. ... The VAT regime will help to curb tax evasion and add more revenue to the state exchequer.

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what would vat reduce the evasion of taxes on goods ? explain breifly for four marks