LMH Vat & Sales Tax Interpretation for Delhi, Punjab, Haryana, UP & UK (DPH,UP,UK) 2021

4,770.00

LMH Vat & Sales Tax Interpretation for Delhi, Punjab, Haryana, UP & UK (DPHUP,UK) 2021

In stock

4,770.00

In stock

Add to cart
SKU: SUBS08 Category:

LMH Vat & Sales Tax Interpretation for Delhi, Punjab, Haryana, UP & UK (DPH,UP,UK) 2021

Taxation refers to the process of an authority levying certain charges on goods, services and transactions. It is one of the foremost powers held by the government of any country. Various types of taxes are applicable at various stages of sale of goods and services; VAT is one such tax.

VAT is a kind of tax levied on sale of goods and services when these commodities are ultimately sold to the consumer. VAT is an integral part of the GDP of any country. While VAT is levied on sale of goods and services and paid by producers to the government, the actual tax is levied from customers or end users who purchase these goods and services. Thus, it is an indirect tax which is paid to the government by customers but via producers of goods and services.

VAT is a multi-stage tax which is levied at each step of production of goods and services which involves sale/purchase. Any person earning an annual turnover of more than Rs.5 lakh by supplying goods and services is liable to register for VAT payment. Value added tax or VAT is levied both on local as well as imported goods.

Authors

Publisher

ISBN

Binding

Edition

Language

Reviews

There are no reviews yet.

Be the first to review “LMH Vat & Sales Tax Interpretation for Delhi, Punjab, Haryana, UP & UK (DPH,UP,UK) 2021”

Your email address will not be published. Required fields are marked *