Abstract
In its purest form, a VAT/GST system is meant to be an effective and efficient tax system. However, in practice, most countries with a VAT/GST system deviate from this ideal. Based on an analysis of Pakistan’s GST system, in this article, the author seeks to show the considerable costs that are typically associated with these deviations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.