What is the difference between single point tax and value
added tax?

Answers were Sorted based on User's Feedback



What is the difference between single point tax and value added tax?..

Answer / sandeep

Single Point Tax :- Where tax levied on finished goods
which is ready to sell the product to cunsumer.

Value Added Tax:- It is levied on multipul point where we
added value of products. Exp:- Raw material supplier to
manufacturer to whole saler to retailer to consumer added
in value.

Is This Answer Correct ?    46 Yes 5 No

What is the difference between single point tax and value added tax?..

Answer / hency

vat is tax which applicable to the goods only.it is
classified 4% ,12%,1%.

Is This Answer Correct ?    5 Yes 20 No

What is the difference between single point tax and value added tax?..

Answer / shiva

I Know Answer But I did"t Tell

Is This Answer Correct ?    13 Yes 44 No

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