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Old 03-17-2017, 02:36 AM   #1
snehareddy
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difference between VAT & GST..?

Hello Friends,

Please tell me, What is the difference between VAT & GST..?
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Old 03-19-2017, 11:35 PM   #2
robertpro07
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Vat stands for Value added tax and GST is goods service tax. GST is still to be employed but has been confirmed by parliament of India.
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Old Yesterday, 06:02 AM   #3
snehareddy
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thanks for advise....
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Old Yesterday, 06:49 AM   #4
suneel007
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VAT (Value Added Tax) is a form of indirect tax imposed only on goods sold within a particular state, which essentially means that the buyer and the seller needs to be in the same state.GST is a consumption based tax levied on sale, manufacture and consumption on goods & services at a national level.
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Old Yesterday, 08:43 AM   #5
robinmym
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One distinction which is value realizing is the inexpensive which an investor would have under the GST program as in comparison to what would be his output until the GST is applied.Under the VAT program of declaring tax credit rating,a investor is not permitted to subtract the quantity and services information tax compensated by him on the feedback services.
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