VAT

Definition : Value Added Tax
Category : Governmental » Rules & Regulations
Country/Region : Worldwide Worldwide
Popularity :
Type :
Acronym

What does VAT mean?

Value Added Tax (VAT) is a tax placed on goods at the time of sales. A VAT is a type of tax assessed based on the increase in the value-added to a product at each stage of production to the point of sale.

Frequently Asked Questions (FAQ)

What is the full form of VAT?

The full form of VAT is Value Added Tax

What is the full form of VAT in Governmental?

Value Added Tax

What is the full form of VAT in Worldwide?

Value Added Tax