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1]What is value Added Tax or VAT A new form of indirect Tax. A new form of indirect Tax. Replaces sales Tax. Replaces sales Tax. It Taxes only the value.
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![1]What is value Added Tax or VAT A new form of indirect Tax. A new form of indirect Tax. Replaces sales Tax. Replaces sales Tax. It Taxes only the value.](https://static.fdocuments.in/doc/330x215/5516ed5e550346f5558b49d4/1what-is-value-added-tax-or-vat-a-new-form-of-indirect-tax-a-new-form-of-indirect-tax-replaces-sales-tax-replaces-sales-tax-it-taxes-only-the-value.jpg)
