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What is the Difference Between Sales Tax and VAT ?

Answers were Sorted based on User's Feedback



What is the Difference Between Sales Tax and VAT ?..

Answer / vijay panday

sale taxes are two type one central sale tax and an other
local sale tax.but vat is modified version of local sale
tax which is under state Govt.

Is This Answer Correct ?    9 Yes 0 No

What is the Difference Between Sales Tax and VAT ?..

Answer / chander shekhar

VAT IS MODIFIED VERSION OF SALE TAX UNDER STATE GOVT

Is This Answer Correct ?    10 Yes 3 No

What is the Difference Between Sales Tax and VAT ?..

Answer / bibudha kumar barik

hi
sales tax means it may be cst and vat but vat means it is
only local sales tax which is under state govt.

Is This Answer Correct ?    7 Yes 3 No

What is the Difference Between Sales Tax and VAT ?..

Answer / snehal

sales tax is collect on direct sale while vat is value
addition on net price. sales tax is tax including in
price,other than vat is addition of net price.

Is This Answer Correct ?    3 Yes 0 No

What is the Difference Between Sales Tax and VAT ?..

Answer / meenakshi

Sales Tax is the percentage of revenue imposed on the retail
of sales of goods Whereas VAT is a form of indirect tax that
is imposed at different stages of production of goods and
services.

Unlike VAT, Sales tax is levied on the total value of goods
and services purchased.

Is This Answer Correct ?    2 Yes 1 No

What is the Difference Between Sales Tax and VAT ?..

Answer / n manjunath reddy

VAT is value adding from manufacturer to
wholesaler to retailer to the partcular product up
to the alimate consumer he every process VAT
need to be collect but sales tax only once
payable

Is This Answer Correct ?    1 Yes 0 No

What is the Difference Between Sales Tax and VAT ?..

Answer / raj

sales tax was the central govt tax but vat comes under
state govt

Is This Answer Correct ?    12 Yes 12 No

What is the Difference Between Sales Tax and VAT ?..

Answer / amit kumar verma

Sales Tax is the percentage of revenue imposed on the retail
of sales of goods Whereas VAT is a form of indirect tax that
is imposed at different stages of production of goods and
services.

Is This Answer Correct ?    0 Yes 0 No

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