VAT (Value Added Tax) is a highly contentious, complex and timely concept. The latest brilliantly accomplished book explores, highlights, analyses and provides a peerless account of various issues and paradigms of VAT consisting of MANVAT (VAT at manufacturing stage), MODVAT (Modified Value Added Tax), CENVAT (Central Value Added Tax) and State VAT comprising economics of excise duties; additional excise duties in lieu of sales tax and allocation of revenue from ...