top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

VAT (Value Added Tax) was first introduced in which country ?

0 votes
479 views

VAT (Value Added Tax) was first introduced in which country ?

VAT

posted Apr 26, 2017 by Pooja Singh

Looking for an answer? Promote on:
Facebook Share Button Twitter Share Button LinkedIn Share Button
Value Added Tax(VAT) is a special type of indirect tax in which a sum of money is levied at a particular stage in the sale of a product or service.

In 1954, the value added tax system was initiated by the then joint director of the tax authority of France, Maurice Laure. VAT came into effect for the first time on 10th April, 1954.
commented Apr 27, 2017 by Pooja Singh

Similar Questions
+2 votes
Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?

Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?
or
Do I need to register for whenever there is net income 1 crore or more?
or
I don't need to register for any tax, but just pay whenever there is 1 crore net income tax limit.

...