What is another word for MVAT?
Pronunciation: [ˈɛmvˈat] (IPA) 
MVAT is an acronym that stands for Maharashtra Value Added Tax. It is a state-level tax that is levied on the value added to the goods at each stage of the production process. Some synonyms for this tax could be State VAT, Sales Tax, or VAT. These terms are used interchangeably in different regions and countries. Similarly, in India, each state has its own VAT rates and rules. In some states, it is called Sales Tax, while in others, it is State VAT. Despite their minor differences, all these taxes serve to generate revenue and aid in the development of the state economy.
