What is the difference between TIN and VAT?

Answer Posted / anil kumar t.m

TIN is a tax identification number
VAT is a Value added tax

Any bussiness or supplier who wants to charge the VAT from
the customer he should compulsary have the TIN number.

Is This Answer Correct ?    146 Yes 10 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you know about Jan Dhan Yojna Scheme?

610


What is limit for HL under priority landing?

633


What is capitalization?

621


What do you know about retail lending?

672


Accounts payable questions

1165






Why Do We Need The Single Supervisory Mechanism?

665


What is Base Rate?

637


What is the short cut to cancel a day book or list of vouchers in Tally ERP 9?

616


What is the meaning of goodwill? How is it calculated?

601


What Is Line Of Credit?

655


yes any body is there for my question plz help me. what is meant by capital market? plz give me ans in the form of concept,aspects of business,object etc.

1941


What are 'benami' transactions?

623


Highlight various skill development schemes recently started in india.

590


What are the recent changes that have taken place in the banking sector?

648


What is 'smart card'?

614