Which method of VAT computation has been adopted in India— (A) Subtraction method (B) Addition method (C) Tax credit method (D) Income variant.
CS Executive · Tax Laws and Practice · PYQS · June 2016
Which method of VAT computation has been adopted in India— (A) Subtraction method (B) Addition method (C) Tax credit method (D) Income variant.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: VAT
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