Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is VAt ?

Answers were Sorted based on User's Feedback



What is VAt ?..

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

What is VAt ?..

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

Post New Answer

More Taxation Interview Questions

what is the meaning of provision for taxation

3 Answers   Genpact,


Can VAT and Service Tax charged on Same amount.

1 Answers  


What is Business?

3 Answers  


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/-

1 Answers  


HOW MANY TIPE OF BALANSHEET

5 Answers  


IS C form is receivable against 0 value invoice issued to customer for promotional items

1 Answers  


If any one provide TDS and Service tax Rates from 2003 to 2010

2 Answers   Essar, Reliance,


when will submitt the c form and what is the percentage?and also hearing details?

4 Answers  


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)

5 Answers  


how to know whether on a particular thing the tds is applicable

0 Answers   Genpact,


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

0 Answers   Bharat Seats,


Categories