Question: a) Explain the following terms as used in the Value Added Tax Act 2013, (Act 870) i. Exempt Supply ii. Zero rated supply iii. Relief

 a) Explain the following terms as used in the Value Added

a) Explain the following terms as used in the Value Added Tax Act 2013, (Act 870) i. Exempt Supply ii. Zero rated supply iii. Relief Supply iv. Taxable Supply v. Value Added Tax Flat rate scheme

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