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1. What is the Value Added Tax (VAT)?





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QA->ഇന്ത്യയിൽ മൂല്യവർദ്ധിതനികുതി -VAT -Value Added Tax - നിലവിൽ വന്ന വർഷം?....
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MCQ->Read the given information carefully and answer the given question. Charities do not have charge VAT to customers. Therefore, charity stores can charge lower prices as compared to the other stores, which are not registered as charity. Charity stores pay less tax than non-charity stores VAT leads to increment in prices of things The stores recover their taxes from the customers Since charities do not charge VAT, their products are of lower quality....
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