ALL ABOUT NUMERICS
What We Are
NUMERZONE is an auditing and accounting service organisation, originated from Kerala, in India. It is managed by Indian Chartered Accountants having experience of more than 25 years in entire spectrum of Accounting, Finance, Auditing, Taxation, Projects and Management Consultancy services. It has its strong presence in Kerala and UAE.
Value Added Tax ( VAT )
Germany and France were the first countries to implement VAT , in the form of a general consumption tax during first World War . The modern variant of VAT was first implemented by France in 1954 in Ivory Coast colony. Recognizing the experiment as successful, the French introduced it in 1958. Initially directed at large businesses, it was extended over time to include all business sectors. In France, it is the most important source of state finance, accounting for nearly 50% of state revenues.
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