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In recent weeks there is lot of discussion and debate as to what is the difference between Value Added Tax (VAT) and General Sales Tax (GST) in the context of Pakistan.  The issue has further been confused by statements emanating from the government high ups who are insisting that VAT is to be introduced w.e.f 01.07.2010 which will replace the so called GST. Multiple opinions have surfaced most of which are misplaced and unwarranted.

This article intends to dissect the difference if any, between the two and to give a clearer picture of the whole issue.

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