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doubts abouts merits and demerits of VAT

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Can anyone please explain to me HOW THIS EFFECTS WHO both favourably and adversely?
As per my calculation it is the same tax rate as before the only difference being now no one can escape the taxation.Govt merits from this without demeriting except those antisocial elements who were evading tax.
Replies (1)
The One Says:

Two words for you my friend "cascading effect"


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