Does a cusomer pay VAT
Also whethet a manufacturer of a commodity pay vat
Asked by lovemaan5500 | 18th Nov, 2017, 05:34: PM
Yes, the customer as well as manufacturer pay the tax.
Value added Tax is a tax on the value added at each transfer of goods, from the original manufacturerto the retailer.
Total VAT charged and paid at different stage is the tax on the price paid by the customer, but it iscollected and paid in stages.
Answered by Rashmi Khot | 1st Dec, 2017, 05:48: PM
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