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

Answer Posted / 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



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