Interested to Buy Any Domain ? << Click Here >> for more details...
Wat entry ill come after paying the Cen -Excise Tax Vat Tax
and Service Tax in the same time
- 2 Answers
- 4759 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nayana patel
Vat Paid Entry
Vat Payable a/c dr
To vat receivable a/c
OR
vat Paybale a/c dr
To Bank a/c.
service Paid
Service tax payable a/c dr
to bank a/c
Excise Duty
Excise Duty Paid from Cenvat or Pla
Excise Duty @ 10% dr
Edu.cess @2% Dr
S.edu.cess @ 1% Dr
To Cenvat on Purchase Excise @10% Cr
To Cenvat on Purchase edu.cess @2% Cr
To Cenvat on Purchase Sec.educ.@ 1% Cr
Or
Excise Duty @ 10% Dr
Educ.cess @ 2% Dr
S.educ.cess @ 1% Dr.
To Pla Ledger Cr
| Is This Answer Correct ? | 2 Yes | 0 No |
What is unabsorbed depreciation ? how its treatment different in taxation vis-a-accounting?
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
What do you think is a bank reconciliation statement?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
Rent outstanding:2500
what is defference between flat rate and reducing rate, and which is more affortable for borrower?
What is meant by Deferred Asset?
If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry
what is rettification of error?
List of Indian accounting standards and international financial reporting standards
we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?
what is DOUBLE TAXATION
2 Answers MoveiT Infra Services,
Audit 
