The X-15 set speed and altitude records in the 1960s, reaching the edge of outer space and returning with valuable data used in aircraft and spacecraft design. As of September 2016, the X-15 holds the official world record for the highest speed ever recorded by a manned, powered aircraft.
RE: What does the spanish word &quot;vato&quot; mean? I am reading a novel right now where one character keeps calling the other &quot;vato&quot;, however, when I went to babelfish to get a translation, it said vato means &quot;I beat&quot;. Somehow I don&#39;t think this is the context that the word is being used in.
VAT is a multi-stage tax levied at each stage of the value addition chain, with a provision to. allow input tax credit (ITC) on tax paid at an earlier stage, which can be appropriated against. the VAT liability on subsequent sale. VAT is intended to tax every stage of sale where some value is added to raw materials, but. taxpayers will receive credit for tax already paid on procurement stages. Thus, VAT will be. without the problem of double taxation as prevalent in the earlier Sales tax laws.