VArs give you a measure for the reactive component hence the "r". VA gives you current rating so you can size current carrying capacity of components. Neither is a measure of power. I'm sorry if you find that scary.
No energy is dissipated in the 100% reactive components. Thus the only power dissipated is in the resistive part of the load. A resonant tank circuit (i.e. a pure capacitor and inductor in parallel) simply bounces back and forth the same energy packet stored as an electrical field in the capacitor with the inductive energy stored magnetically in the inductor. At resonance since Xc = Xl this energy packet has a periodic time of 1/2*Pi*sqrt(LC).
I could give you a fluid analogy but I do not want to be beaten up and demonized once again as I was a couple of months ago when I did so. I upset those who do not need to really understand the physics and have resorted to not going further that simply learning the math model by heart. Nikola Tesla truly despised those types of 'con by rote' characters.