6. Value Added Tax (VAT) is

[amp_mcq option1=”indirect tax levied at each stage of production and distribution, from the primary produce to the re” option2=”tax calculated on the selling price, but in declaring the liability to the government, the seller is” option3=”both (a) and (b)” option4=”None of the above” correct=”option3″]

Detailed SolutionValue Added Tax (VAT) is


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