Indirect Taxation

Indirect Taxation. Part I – Value Added Tax. Value Added Tax. A state tax Imposed through State legislature enactments An Indirect Tax on sale of goods Goods sold within the State Responsibility of the Seller to collect the tax and pay it to the State VAT Act does not apply to

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• vat
• input tax
• state tax
• indirect tax
• state legislature enactments
• 3 calculate vat payable

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Indirect Taxation

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