What is the difference between single point tax and value
added tax?
Answer Posted / sandeep
Single Point Tax :- Where tax levied on finished goods
which is ready to sell the product to cunsumer.
Value Added Tax:- It is levied on multipul point where we
added value of products. Exp:- Raw material supplier to
manufacturer to whole saler to retailer to consumer added
in value.
| Is This Answer Correct ? | 46 Yes | 5 No |
Post New Answer View All Answers
Give some examples of RRBs.
Explain the weak-form, semi-strong from and strong-from of efficiency?
What are the skills required to be a bill collector?
In how many parts 'non-tax revenue' is divided?
WHY RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?
What Are Accrued Expenses And When Are They Recorded?
Where Does Revenue Received In Advance Go On A Balance Sheet?
If Debentures Are Issued at Par and Redeemable at Par What Journal Entry Should Be Passed?
What are the other services provided by the bank?
Do you know the concept of Diminishing Marginal Utility?
Mention the difference between bills payable and bills receivable?
What are the loan products of SBI?
How will be you differentiate between a manager and a leader?
I have done my Summer internship project on Option greek (delta,gamma ,vega ,theta and rho)by using black schole calculator plus i have done calculation on VIX so what type of question can be asked to me by interviewer plzzzzzzzzzz do answer me i need help.........
What is Prime Lending Rate?