Important things to know about value added tax in india | Letzbank
Category: Services:: Loans - Insurance
City: Lucknow Locality:
Date Listed/Updated: 2018-10-14
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Description: A value-added tax (VAT) is a type of consumption tax that is placed on a product whenever value is added at a stage of production and at final sale.
VAT or value added tax is a tax based on the value of goods or services. If a business is VAT registered they can reclaim the VAT they have paid on purchases.
https://www.letzbank.com/tax/value-added-tax-in-india