Cocaine is a fast-acting nervous system stimulant, extracted from the leaves of coca bush, a high altitude plant which grows in the Andes of Bolivia, Peru and Colombia. The Incas used the leaves of the coca plant as part of their religious ceremonies. The coca plant was also used by workers in the Andes to ward off anoxia, or altitude sickness. This disorder is caused decreased levels of available oxygen at higher elevations.
If you buy something for your business, you will need an invoice to claim back from HM Revenue & Customs (HMRC) any VAT you've paid. A VAT invoice gives the VAT details for goods that are sold and services that are provided. However, you only need to issue a VAT invoice when selling to another VAT-registered business. If you want set off than you have to compulsarily have to issue VAT bill. FOR MORE DETAILS REFER :http://www.finmart.com/sr-vat-re...
A value-added tax (VAT) or general sales tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price.From that of the seller, it is a tax only on the value added to a product, material or service, from an accounting point of view, by this stage of its manufacture or distribution.he advantage of the VAT system over the sales tax system is that under sales tax, the seller has no incentive to disbelieve a purchaser who says it is not a final user. That is to say the payer of the tax has no incentive to collect the tax.