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What is the difference between TIN and VAT?

Answer Posted / naveen.karumuri

Hi Guys,

VAT Means,Value added Tax
TIN Means,Tax Identification Number,

Those are relavant to VAT,In this case both the same,Any
vendor sells the goods to customer,vendor collect the some
tax based on the TIN.

With Regards,

Naveen.Karumuri
Cost Accountant.

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