Saved Bookmarks
| 1. |
What is Value Added Tax (VAT)?(a) A simple, transparent, easy to pay tax imposed on consumers(b) A new initiative taken by the Government to increase the tax-burden of high income groups(c) A single tax that replaces State taxes like, surcharge, turnover tax, etc.(d) A new tax to be imposed on the producers of capital goods |
|
Answer» (c) A single tax that replaces State taxes like, surcharge, turnover tax, etc. |
|