TAX MATTERS: Processing of Value Added Tax refunds

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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-283821.mp3?cb=1732294714.mp3VALUE Added Tax (VAT) is an indirect tax on consumption, charged on the supply of taxable goods and services as well as on importation of goods and services. It is levied on transactions rather than directly on income or profit. The VAT payable is the difference between output tax and input tax. Output tax is…