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

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

Question Posted / namboodiripad

3 Answers
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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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