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Read the following statements regarding value added tax (VAT): [P]: It is an indirect tax [Q]: It is charged at the rate of 8% [R]: It is tax at source [S]: It is effective since April 2010 Choose the correct option.

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Read the following statements regarding value added tax (VAT): [P]: It is an indirect tax [Q]: It is charged at the rate of 8% [R]: It is tax at source [S]: It is effective since April 2010 Choose the correct option.






 
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