The festival of Kartika Pournima is celebrated throughout
Orissa.
It is held between the months of October - November
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Thursday, March 7th 1974 was HOLI /Pournima & the following
day was Dhulivandan.
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The types of VAT........
1 ) INPUT VAT @ 4 %
2 ) INPUT VAT @ 1 %
3 ) INPUT VAT @ 12.5 %
4 ) OUTPUT VAT @ 1 %
5 ) OUTPUT VAT @ 4 %
6 ) OUTPUT VAT @ 12.5 %
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There is no such term as gross of VAT. The amount with VAT is
called the gross amount while the net of VAT is the amount after
the VAT has been deducted.
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VAT that is charged by a business and paid by its customers is
known as "output VAT" (that is, VAT on its output supplies). VAT
that is paid by a business to other businesses on the supplies that
it receives is known as "input VAT