Question
VAT is levied on the price of a product or service at
each stage of production, distribution, or sale to the end consumer. In the acronym 'VAT', A stands for _______.Solution
VAT stands for Value Added Tax, which is a type of tax that is assessed incrementally on the price of a product or service at each stage of production, distribution, or sale to the end consumer.
More Beepedia Questions
Simplify the expression:
(4x² - 16) / (2x - 4)
4368 + 2158 – 596 - ? = 3421 + 1262
3/4 of 2000 + √1024 = ? + 12.5% of 3200
- What will come in place of the question mark (?) in the following questions?
[4(1/3) + 4(1/4)] × 24 – 62 = ?2
(630 ÷ 18 + 24 of 25) ÷ 5 = ?
What will come in the place of question mark (?) in the given expression?
30% of 520 + 16% of 1500 = ? + 244
(15 x 6 + 60% of 500 - 16 x 7) = ?
18/2 of 3/9 of 2/6 of 69690= ?
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