Value Added Tax is imposed on most supplies of goods and services and it is the responsibility of the persons who are supplying these goods and services to register in VAT. These persons are known as “Taxable Persons”. A Taxable Person who is registered in VAT will have a Tax Registration Number (TRN) and is considered “Registrant”. A Taxable Person means any legal or those companies, partnerships, clubs, associations, and so forth or can be natural persons who are the individuals.