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What is the Difference between VAT and other Taxes...?

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Question ajoutée par firozkhan kakkattuchali , accountant , AL LIALI JEWELLERY LLC
Date de publication: 2017/05/25
vaijanti dalvi
par vaijanti dalvi , Accounts and tax Associate , I. Logica Management Consultancy LLC

VAT is indirect tax which is applicable on each stage of suppy of goods and servies. It is different than income tax which is directly charged on salary or income earned of indiviual.

Martin Erasmus
par Martin Erasmus , CFO , Beswick Group

VAT, is imposed on each and every step of production. VAT is also applied on the imports of services and goods. Other tax are only impied on the end user

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