Example: tourism industry
INTERPRETATION NOTE 70 (Issue 2) ACT : VALUE-ADDED …
3 of the Note, which deals with international VAT and GST principles, any reference to the acronym “VAT” includes reference to the acronym “GST” which may be used in other countries. as a national tax that embodies the basic features of a value-added tax. 5 This is commonly referred to as a “business” or “enterprise”.
Download INTERPRETATION NOTE 70 (Issue 2) ACT : VALUE-ADDED …
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