Value Added Tax (VAT), also known as Goods and Services Tax (GST) in some countries, is a consumption tax placed on the value added to goods and services at each stage of production and distribution. At each stage, the business collecting the VAT can also deduct the VAT they paid on their inputs (e.g., the clothing manufacturer deducts the VAT paid on the fabric). 

VATAi offers a personalized and comprehensive VAT service that covers the entire process, including registration, data collection, and timely submission.