Hi Friends,
What is the difference between VAT and Sales tax
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 01 January 2011
sales tax is paid on sales value,
vat is paid on only valued added portion only
both are calculated on sales value
vat has input credit facility to avoid double taxation
Babu P
(Student)
(85 Points)
Replied 30 October 2013
Please let me know when Sales tax is applicable and when VAT is applicable
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