Which of the following is not a method of VAT computation —

CS Executive · Tax Laws and Practice · PYQS · December 2014
Which of the following is not a method of VAT computation —
(A) Subtraction method
(B) Addition method
(C) Tax credit method
(D) Output method.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Output method.. This answer applies to the historical law and assessment-year context of this December 2014 paper; later amendments may differ.

Topics: VAT

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