The purpose of this book is to assist people and practitioners in understanding the fundamental principles of VAT. The Fiscal Policy and law are important for the development and growth of the society. Tax administration plays important role. This book focuses on the principles and basic concepts of VAT law. This book first examines the fundamental concepts, the federal and provincial powers to tax under constitutional doctrines. Key concepts of tax systems and the basic principles of tax policy that influence the structure and politics of the law are explained. Tax law must make difficult compromises between competing social and economic values, revenue requirements, administrative efficiency, a sense of fair play and the costs of fiscal administration.

More Details about Principles of VAT in India

General Information  
Author(s)Prakash Sahay
PublisherLexis Nexis
Publish YearJanuary 2009