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1. How many types of vat?
2. What is the sales tax purpose?
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Answer Posted / kanchan pardhi
There are 2 types vat (1)input vat & (2)output vat
1-input vat (charge on purchase)
2-output vat(charge on sales)
different types
vat rates are there on different types goods.sale tax is
two types vat and cst. When you sale the goods within state
you paid vat and sale the goods outside state then paid cst
to the concerned authorities.
| Is This Answer Correct ? | 31 Yes | 5 No |
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