Q: 16 (IAS/2011)

Which one of the following is not a feature of “Value Added Tax”?
question_subject: 
Economics
question_year: 
2011
question_exam: 
IAS
question_sub_subject: 
Indian Economics
question_topic: 
Taxation/ Fiscal policy
stats: 
0,2376,2792,632,1088,1072,2376