What is the difference between TIN and VAT?
Answer Posted / gauri shankar kumar
TIN means TAX PAYER'S IDENTIFICATION NUMBER. IT is just a
registration no. of tax payer"s in Department of Excise and
costum for depositing sales tax or VAT.
Whereas VAT means VALUE ADDED TAX. It is system of sales
tax like charging depositing vat when and how ? VAT is
modern form of sales tax.
| Is This Answer Correct ? | 37 Yes | 6 No |
Post New Answer View All Answers
How will you define NPA? Are there any ways to reduce NPAs in the banks?
What do you know about Chief of Planning Commission and Election Commission etc.
What are NPA? How can they be reduced?
Name some of the PM Social Security Schemes?
Difference between debit card and credit card
What is 'consolidated fund'?
Explain Openpages Capital Modeling?
scope,significance of taxationin private company?
Explain financial lease.
Explain liquidity group ratios.
What is a media trial?
what are the types of Tally ERP 9 vouchers? Also give the shortcut for creating this vouchers?
What are the rules and regulations of RRBs?
Any idea about PayPal?
what is group in Tally ERP 9?