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Answer Posted / p. navaneetha krishnan
VAT => Value Added Tax, Its a Indirect Tax which is
replaced Sales Tax with effect from 1-1-2007 in most of the
states in india. It is a simplified method of Tax which is
implimented so far by the governemnt.
Sales Tax Registered No. was replaced with VAT No.
It's similar to sales tax, what ever the collected vat
amount of tax, that has to be paid to the government
account on specified date
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