vat importance

  1. A

    ISSUES ON VAT

    While the States have thus taken several steps towards introduction of VAT, certain supporting decisions were critically needed at the national level for more effective implementation of VAT from April 1, 2005. It needs to be carefully noted that although introduction of VAT may, after a few...
  2. A

    DESIGN OF VAT

    Design of State-Level VAT As already mentioned, the design of State-level VAT has been worked out by the Empowered Committee through several rounds of discussion and striking a federal balance between the common points of convergence regarding VAT and flexibility for the local characteristics...
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