Please help me

Sachchidananda Ghosal (MBA(Finance) PGPBM-Banking & Insurance B.Com)   (167 Points)

07 February 2011  

WHICH IS TRUE OF FALSE

1) under the addition method , the tax rate is applied to the difference between the value of output and the cost of input

 

2) a spicel VAT rate of 2% is prescribed for precious and semi precious metais.

 

3) Karnataka was the first state to impliment VAT with effect from 1st April 2003