What is VAt ?
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Answer / h.r. sreepada bhagi
VAT - 'Value Added Tax' is the taxes payable on sale of
products(goods) under VAT Act.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / udit saxena
VAT Full Form Is (Value added Tax) When We Purchase Goods
Than We Paid Vat It Call Him (INPUT VAT) and When Sale of
goods than We Call him (OUT PUT VAT).
EX- Suppose That We Purchase of Goods 100 Rs and We Paid 4
% Input Vat Than We Paid Vat Amount 4 Rs. And This Goods
Sale Him 150 Rs and we Recive Vat Amount 4 % = 150*4/100 =
6 Rs.
Than We Paid Vat To Government 6 -4 = 2 Rs
| Is This Answer Correct ? | 6 Yes | 1 No |
what is the meaning of provision for taxation
Can VAT and Service Tax charged on Same amount.
What is Business?
Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-
HOW MANY TIPE OF BALANSHEET
IS C form is receivable against 0 value invoice issued to customer for promotional items
If any one provide TDS and Service tax Rates from 2003 to 2010
when will submitt the c form and what is the percentage?and also hearing details?
When the C-Form should be issued, Whether it is from the date of Invoice OR from the date of material received (Goods Receipt Date)
how to know whether on a particular thing the tds is applicable
what r the differences among GRN, TOT, VAT and other regestration numbers. what is the limit to the turnover according to vat act?Pleas clear my doubt.
1 Answers Satyam, Texus, Vinayak Traders,
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE