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...
Value-Added Tax is commonly known as VAT. VAT is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for government by requiring certain businesses to register and to charge VAT on the taxable supplies of goods and services.These businesses become vendors that act as the agent for government in collecting the VAT.AT is charged at each stage of the production and distribution process and it is proportional to the price charged for the goods and services. VAT is presently levied at the standard rate of 14% on the supply of most goods and services and on the importation of goods.