what is the difference between variants of VAT and methods of VAT. i.e., Gross product, income and consumptions variants Vs. Addition, subtraction and invoice methods.
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Pls reply. dont skip my question.
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Value Added TAX
VALUE ADDED TAX(VAT) (25 Marks)
TAXONOMY OF VAT
in variants it shows how vat can be calculated on various inputs i.e how we want to use vat concept on our different purchases whereas in methods as per our choosen variant we calculate how much vat is payble
excellent vinneta. thq. and rahul thq so much. Link is very useful
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