What are the merits of Value Added Tax?

A. It remains Neutral in its Effects on Sales and Production. Because such tax is Imposed Just on the net Addition. On the Other Side, the Turn over Tax is Imposed on each Stage of Transaction

B. As a Result of VAT there are Reduced Chances of Tax Evasion

C. These Taxes become Helpful in Promoting a Country Exports. In order to Attain Comparative Advantage, Govts. Often Refund those Amount of Taxes Which became Responsible for Adding the values of Goods

D. All of these

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