What will be general entry for VAT or Sales Tax paid to
government in cash for an Financial year?
Answer / nagachandra pattar
There is no need to open Government (Sales Tax Dept)A/c in
your books.
The entry was:
VAT Payble A/c Dr ***
To Cash/Bank A/c ***
(Being Sales Tax paid for xxxmonth-10)
| Is This Answer Correct ? | 9 Yes | 0 No |
A ca charge a bill on his client of rupees 100000 and charge service tax @ 12.36%, party make payment after dedicate tds @10% what enters be made in the books of CA and party.
if i sale goods on dt 30.06.09 but calcutta party received it on 07 july ,so the party issue to form C for which quarter
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I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
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WHAT IS TIN
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
What is the percentage of CST on Hire Charges(Hire machinery - if suppose we hired one Crusher from West Bengal state's party), Please give clarification?
How we will learn Sales Tax, VAT quickly?
Which book is best for fringe benefit tax ( FBT )
incase we sold to the goods to a indiviucal person to other state,but its claimed a form 'C' ?
What is the difference between excise & service tax?