Value Added Tax Accounting: Concepts and Issues
Osmania University Department of Commerce Working Paper
8 Pages Posted: 10 Sep 2003
Date Written: August 2, 2003
The Value Added Tax Accounting (VATA) is one of those newly emerged concepts, which were emphasized much in the context of VISION 2020 by the industry, business, profession, academic, administration, politicians etc. as VATA is regarded as a source of stable revenue, conducive to investment, immune to lobbying pressures and ensures the economic growth, which is also evident from the successful introduction of VATA by developed countries. The concept and issues are presented in this paper to make the people aware of the VATA and remove the misconceptions or notions about VATA and to draw the attention and participation of the different sections of the society for strengthening the VATA system.
Keywords: VATA, issues, resistance, constitution, administration, political, hormonisation
JEL Classification: M41, H25
Suggested Citation: Suggested Citation