Question

write the full from of V A T​

Answer 1

Step-by-step explanation:

The full form of VAT is value added tax.

It is a state level tex that applicable to some key products such as petrol, diesel and alcohol for human consumption that are not texable under the GST act..

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Answer 2

Answer:

full form of VAT is value added tax

A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that have already been taxed.

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