Interested to Buy Any Domain ? << Click Here >> for more details...
is surcharge diffrent from vat or surcharge is refundable
or not
- 2 Answers
- 7015 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / muthukumaran.k
yes sucharge is different from vat, it is realted to IT.
the surcharge amount is not refundable but it can be
adjusted against our tax dues.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / h.r. sreepada bhagi
In any taxes Direct like Income Tax, or Indirect like VAT,
Excise etc., basic rates of taxes will be there. On any of
these taxes, the governments may levy Surcharge or Cess.
Surcharge of Cess is levied on the basic taxes. Whether
direct tax or indirect tax, refund provision will be there
in the relevant Act. (i.e Income Tax Act, VAT Act, Central
Excise & Customs Act., etc.)
For specific information, read the relevant Act, consult tax
consultants or experts.
| Is This Answer Correct ? | 2 Yes | 1 No |
Which of the following are of capital nature? (a) Purchase of a goods (b) Cost of repair (c) Wages paid for installation of machinery (d) Rent of a factory
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
If we give a discount to any customer on our invoice & issue a credit note of discount than what will be the group of discount in tally. please suggest me.
what is balance sheet?
What is Ariba? How it is working?
what is trial balance.?
Tell me what does the standard journal entry includes?
what is the sensex
What is customer account?
What is the accrued interest & how the entry will be passed for the same
What are assets minus liabilities?
. Expenses a/c. Dr. To vendor a/c. Cr. What is an impact of this transaction on business
Audit 
