Valued Added Tax

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
VAT
Pronunciation
/ˈvæljud ˈædɪd tæks/
Category
Community
Related Field
Educational

Examples in Context

  1. Valued added tax is a kind of tax which is charged on the basis of value added services on the various links in goods production and circulation.

Other meanings of VAT