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value-added tax

consumer reimbursed from payment at the next stage called also VAT

VAT

VAT : value-added tax

Value added tax

Value added tax. A tax assessed at each step in the

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Value added products

Value added products, means products which may contain portions or extracts

Salary or wages

employee is for the time being entitled to; (ii) the value of any house accommodation or of supply of light, water,

Tax

Excise Act what is to be excluded from the assessable value is the amount of duty of excise, sales tax and

Sale price

valuable consideration payable to a person for such delivery. [Gujarat Value Added Tax Act, 2003, s. 2(24)] Means the amount of

Manufacture

raising of natural resources like minerals, coal etc. [West Bengal Value Added Tax Act, 2003, s. 2(22)] Manufacture, will all its

Tribunal

the Maharashtra Sales Tax Tribunal constituted under s. 11. [Maharashtra Value Added Tax Act, 2002, s. 2(31)] Means the Registrar or,

Year

1960 Guj 27 (29). It means the financial year. [Maharashtra Value Added Tax Act, 2002, s. 2(35)] Means the year commencing

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