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what is Input and Output
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Answer / ritika kapoor
input means who receiving the taxes that is called as input like (vat).
Output means whom you are giving to another person is called output tax.because it's going from your side.
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Answer / arjun tomar
INPUT MEANS WHO RECEIVE THE TAXES THAT IS CALLED INPUT TAX AND OUTPUT TAX MEANS WHOM ARE GIVING TO ANOTHER PERSON IS CALLED OUTPUT TAX, BECAUSE IT'S GOING FROM YOUR SIDE
| Is This Answer Correct ? | 1 Yes | 1 No |
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