Here are your questions! The answers are based on general VAT rules and so they may be different in your state.
When you apply VAT law in day-to-day business procedures, you may have a number of queries. Some minor points may also require clarification. Thus a number of questions arise in the minds of all who are liable to pay VAT. The most frequently asked questions are given here.
Chapter 10: Frequently Asked Questions
There are two systems of taxation in our country: one for the informed and one for the uninformed.
–Honorable Learned Hand, US Appeals Court Justice
VALUE ADDED TAX
What is VAT?
VAT or Value Added Tax ...
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