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THE VALUE ADDED TAX Consolidated Version as at 25 January 2003ARRANGEMENT OF SECTIONSSection PART I PRELIMINARY1. Short title2. Interpretation3. Meaning of business4. Meaning of supply5. Time of supply6.
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The meaning of business refers to the nature, scope, and purpose of a particular commercial enterprise.
Business owners, entrepreneurs, and companies are required to file meaning of business to provide information about their operations.
To fill out meaning of business, one must provide detailed information about the activities, products/services, target market, competitors, and objectives of the business.
The purpose of meaning of business is to help stakeholders, investors, and government agencies understand the goals and operations of a business.
Information such as business name, registration number, address, industry sector, ownership structure, financial data, and marketing strategy must be reported on meaning of business.
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