Introduction to VAT

Contents: Preface. 1. Meaning and concepts of VAT. 2. Importance of tax as a VAT. 3. Tax credit systems for VAT. 4. Alternative of taxes as VAT. 5. Global VAT Systems. 6. Recommendations of VAT. 7. Assessment under VAT. 8. Papers on VAT. 9. What is VAT Policy? 10. Methodology and computation of VAT. 11. Working of VAT, MODVAT and CENVAT. 12. Input and output tax systems. 13. Advantages and disadvantage of VAT. 14. VAT and accounting. 15. Introduction to CST and State VAT. 16. Effective VAT in states. 17. Procedure and registration of VAT.