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  • manishthanki34

Are VAT refunds taxable ?

VAT (value-added tax) is generally not refundable or taxable. VAT is a consumption tax that is applied to the sale of goods and services in many countries. The amount of VAT that is charged is typically a percentage of the sale price, and it is added to the price of the goods or services that are being sold. Since VAT is a consumption tax, it is not refundable or taxable.

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