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some of the deying units and plating industries charge vat on there job work invoices whether it is as per law or not

2007-02-25 15:06:33 · 1 answers · asked by Anonymous in Business & Finance Taxes Other - Taxes

1 answers

VAT is collected on the "value added" by the firm. That IS per law, pure and simple. That's how VAT works, and is why it's called the "Value Added Tax".

2007-02-25 21:48:20 · answer #1 · answered by Bostonian In MO 7 · 0 0

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