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How does the consumer benefit with VAT?
(a) It removes tax on tax and thus reduces price-rise
(b) It reduces the cost of production
(c) Due to the abolition of the sales tax
(d) Due to the exemption of small business from the tax
within certain limits prescribed by the State
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Answer / a.sivasubramanian
a(a)it removes tax on tax and thus reduces price-rise
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