Cin and vat are equal or different

Hi gurus,
i would like to know that the difference between cin and vat. I dont have any idea about this. Is the vat comes under cin or not please clarify this doubt. and one more thing what about tax procedures they will also use to collect the tax. how it will utilised to calculate cin
please calrify on this
thanks in advanc

hi rack
VAT is value added tax imposed on all products purchased by any one.. now vat is 4% but it depends from state to state.
Where as CIN is a tax procedure followed by government.. In CIN we will found two types of pricing procedures..
1.formula based--taxinj
2. Condition based--taxinn
So, vat is one type of condition type in Cin
So there are many types of taxes are there
Excise duty
Cess
Vat
Cst
and so on..

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