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Punjab vat act - PowerPoint PPT Presentation

VALUE ADDED TAX

VALUE ADDED TAX. INTRODUCTION. Value Added Tax(VAT) is a tax on value added by any economic activity(like manufacturing, retailing etc.) VAT is collected in stages on transactions involving sales of goods within a particular stage Input tax and output tax Levied on sales of all taxable goods.

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Punjab vat act - PowerPoint PPT Presentation

VALUE ADDED TAX