Which of the following statements is/are correct about value-added tax (VAT) cha...
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Which of the following statements is/are correct about value-added tax (VAT) charged on South African goods and services?(a) VAT is only levied on a few goods in South Africa.(b) VAT is a selective tax and excise duties and is only applicable in South Africa.(c) VAT is a general tax and excise duties.
(d) VAT is levied on most goods and services, and is not only applicable in South Africa.