What is difference btween Form-cForm-D,Form-
h,excise,MODVAT, VAT? How many types of forms available?
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Answer Posted / sunil lalwani
form c = for charge the lower tax rate @ 2%
form d= when we purchase the gooods from government submit
form d
form h= when we import the goods from foreign so we submit
the form h.
excise duty = when purchase the goods so we paid the excise
duty on goods 8.24%
modvat = when there is chage in vat so it is called modvat.
vat = when we sell or purchase the goods so we paid or
charge the vat on the goods.
form= income tax forms, excise duty forms, sales tax forms,
servixe tax forms, vat forms, tds/tcs forms, modvat forms
etc.
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