VAT is imposed:

  1. On first stage of production
  2. On final stage of production
  3. On all stages between production and sale
  4. Directly on Consumer
Anurag Mishra Professor Asked on 6th December 2015 in Economics.
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    Answer: (3) On all stages between production and sale 

    Anurag Mishra Professor Answered on 8th December 2015.
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