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VAT Registration And Its Impact

VAT Registration And Its Impact

Submitted by • July 26, 2018 blog.namaccountants.com

Value Added Tax or VAT is a tax on the consumption or use of goods and services levied at each point of sale. VAT is a form of indirect tax and is used in more than 180 countries around the world. The end-consumer ultimately bears the cost. Businesses collect and account for the tax on behalf of the government.

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