Pricing of products and services also involve additional tax charges on them. The store owner can apply settings from the backend to automatically calculate the taxes at the time of billing.

The admin panel comprises configuring Value Added Tax (VAT) in Magento 2. Learn How to Configure/Setup Value Added Tax (VAT) in Magento 2.

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For More Information: https://magecomp.com/blog/configure-...-in-magento-2/

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