Which of the following is a method of computation of VAT

CS Executive · Tax Laws and Practice · PYQS · June 2015
Which of the following is a method of computation of VAT
(A) Gross product method
(B) Income method
(C) Consumption method
(D) Tax credit method.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: VAT

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