in the credit note vat amount is in vat on sale but next step whitch vat class

in the credit note vat amount is in vat on sale but next
step whitch vat class is applicable input vat or out put
vat ?

Question Posted / sandip mhaske

1 Answers
4623 Views
I also Faced
E-Mail Answers

in the credit note vat amount is in vat on sale but next step whitch vat class is applicable input..

Answer / pradeep

Vat input but to be shown at credit side, and treat its as
purchase returns in sales tax return

Is This Answer Correct ?

4 Yes

0 No

Post New Answer

More Taxation Interview Questions

applicability of vat and applicability of cst in karnataka

2 Answers

What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....

0 Answers

Excisable material sold without charging excise duty, Now after 3 months, I am issuing Suplimantary bill to party for Excise payment, now please tell me the interest need to pay for this and also is there need to pay interest if i have sufficiant amount of cenvate credit balance in these 3 months.

2 Answers Reliance,

WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL

2 Answers

How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

0 Answers

I have made our pan card in delhi.so, i want to confirm that it is mandatory that I shall fill our income tax return in delhi

2 Answers

what is timings of ruturn filing of vat,cst,service tax,cenvat explaine?

3 Answers Visa Steel,

what is the vat rate of Saw dust powder in maharashtra

0 Answers

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?