Distinguishing GST from VAT: A Comparative Analysis

Business1 years ago

Source: Distinguishing GST from VAT: A Comparative Analysis

On one hand, VAT is a type of a consumption tax which is levied on the value addition, at each stage of production/distribution of goods and services. On the other hand, GST is a destination based tax which is charged on the manufacture, sale and consumption of goods and services. Want to know more about VAT & GST along with their differences? Check out

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