what is Input and Output

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what is Input and Output..

Answer / ritika kapoor

input means who receiving the taxes that is called as input like (vat).
Output means whom you are giving to another person is called output tax.because it's going from your side.

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what is Input and Output..

Answer / arjun tomar

INPUT MEANS WHO RECEIVE THE TAXES THAT IS CALLED INPUT TAX AND OUTPUT TAX MEANS WHOM ARE GIVING TO ANOTHER PERSON IS CALLED OUTPUT TAX, BECAUSE IT'S GOING FROM YOUR SIDE

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