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mechanisms adopted earlier in two other countries—Australia and Malaysia. The Indian anti-profiteering provision was introduced …
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Value Added Tax (VAT) is a type of indirect tax that is imposed on goods and services. In one of the most important reforms of the country’s public finances in over the past 50 years, India has finally launched much delayed Value Added Tax (VAT) from 1st April, 2005 in 21 states. VAT has...
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