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Question
VAT was introduced in ________.
VAT was introduced in ________.
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Solution
The correct option is A 2005
VAT stands for value added tax. It was introduced in 2005. It is an indirect tax imposed on goods and services at each stage of production from raw material to final product.
VAT stands for value added tax. It was introduced in 2005. It is an indirect tax imposed on goods and services at each stage of production from raw material to final product.
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