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What Is the Difference Between VAT and Communication Service Tax?

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Value Added Tax (VAT) and Communication Service Tax (CST) are both indirect taxes, but they apply to different sectors and transactions. VAT is a broad-based consumption tax imposed on goods and services at each stage of the supply chain, from production to final sale. Businesses registered for VAT must charge it on their taxable supplies and can often reclaim VAT paid on business exp... https://xactaccountants.co.uk/services/tax-services/

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