Distinguishing GST from VAT: A Comparative Analysis
March 11, 2024 ⚊ 1 Min read ⚊ Views 27 ⚊ BLOG
VAT, or Value Added Tax, is a consumption tax applied at various stages of the production and distribution process, focusing on the added value of goods and services. In contrast, GST, or Goods and Services Tax, is a destination-based tax applied to the manufacturing, sale, and consumption of goods and services. Curious to explore further details and distinctions between VAT and GST? Dive into the comprehensive information available at:
Read details: https://shorturl.at/vwEH9
Tags: GoodsAndServicesTax, Registrationwala, VATvsGST
