Question

what you mean by VAT and it's merrit​

Answer 1

value add tax mere tarf se iska full from

Answer 2

VAT : A VAT is known in some regions as Goods and Services tax. It is type that is assessed incrementally. It is levied on the price of the product or service at each stage of production,distribution or sale to the end consumer.

FULL FORM : Value Added Text

MERITS

• Reduced tax evasion
• Increased the tax compliance.
• VAT brings certainly as simple.

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