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what is the full form of vat,full name of vat,vat stand for, about vat ,vat stand for,vat tax full form,vat full form in english,long form of vat



what is the full form of vat:

Vat full form is value added tax(VAT)

VAT is like those type of tax when any value is added to any product that time
VAT tax is add to the product. VAT is a sales tax VAT is used in around 160 country
In the world. VAT is applied in sales tax.
In vat tax system customer has to pay only the cost of the product not any material
VAT that already taxed by the consumer. when he buys the material .
For example a company manufacture a car in a vat region, the manufacture company has to pay VAT for all those materials used for manufacture a car
After the car is made and going to the consumer , he should be pay the vat which is applied for the item.
Applying vat govt. collecting tax on all goods, if some one not pay the VAT govt has the right to stop their business that is online or offline. VAT is used globally as a tax collecting of all goods that is used to manufacture anything.

Value-Added Tax Examples:


VAT value added tax is a sales tax that  has been added when a product value has been added that is starting from raw materials and the final purchase.
an example can clear you look a product cost is $100 and the product vat is 10%
then the consumer has to pay $110 from where he or she buy the product.


Why we pay vat


When a company purchase raw material for manufacture a product that time they pay the vat the value is added by the company for that product, look a product raw material cost is $100 and vat is 10% then the product they sales in $110. With added their profits  on that product thus we pay the VAT. Company no money generated without paying taxes.

Vat full form is value added tax(VAT)


VAT is like those type of tax when any value is added to any product that time
VAT tax is add to the product. VAT is a sales tax VAT is used in around 160 country
In the world. VAT is applied in sales tax.
In vat tax system customer has to pay only the cost of the product not any material
VAT that already taxed by the consumer. when he buys the material .
For example a company manufacture a car in a vat region, the manufacture company has to pay VAT for all those materials used for manufacture a car
After the car is made and going to the consumer , he should be pay the vat which is applied for the item.
Applying vat govt. collecting tax on all goods, if some one not pay the VAT govt has the right to stop their business that is online or offline. VAT is used globally as a tax collecting of all goods that is used to manufacture anything.


Value-Added Tax Examples:


VAT value added tax is a sales tax that  has been added when a product value has been added that is starting from raw materials and the final purchase.
an example can clear you look a product cost is $100 and the product vat is 10%
then the consumer has to pay $110 from where he or she buy the product.

Why we pay vat


When a company purchase raw material for manufacture a product that time they pay the vat the value is added by the company for that product, look a product raw material cost is $100 and vat is 10% then the product they sales in $110. With added their profits  on that product thus we pay the VAT. Company no money generated without paying taxes.

what is the full form of vat,full name of vat,vat stand for, about vat ,vat stand for,vat tax full form,vat full form in english,long form of vat what is the full form of vat,full name of vat,vat stand for, about vat ,vat stand for,vat tax full form,vat full form in english,long form of vat Reviewed by Debasish on December 12, 2019 Rating: 5

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