What is VAT ?
         Value tax or many places called "English name". Value Added Tax (VAT) or VAT (VAT) is a type of tax that the government collects from consumers who buy goods or services. By the operator collecting from consumers And bring the VAT to pay to the Revenue Department VAT Is an indirect tax charged by the State Government of the value added in the production or end of production To bring income into the country In Thailand, the VAT rate is set at 10 percent, but the Cabinet will issue a decree to reduce VAT to 7 percent annually. And 1 in 9 VAT collected will be transferred to the local administrative organization And the remaining 8 parts will be transferred to the central government How to calculate the vat (Vat) The calculation of the two types of products, which are the outer and the internal, by calculating the price of goods that include VAT is equal to 107%. After that, separate the product price and VAT from each other. Giving the product price equal to 100% and calculating that the value of VAT is equal to 7%
         Sample formula.
         VAT(vat) in.
         Method of thinking 1,000 * 100/107 = doll price 934.58 and vat 65.42

         vat (Vat) outside, buy a doll 1,000 baht
         Method of thinking 1,000 * 7/100 = 1,070
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