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What rate of sales tax will be applicable on printing
machine spares selling from haryana to other state.
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Answer / sajjad1
Rate of sales tax is different on different product there
is no condition that the item is selling from one to
another state rate of sales tax is fixed on different
items. the rate of sales tax is applied according to the
different schedult which u can obtain from your sales tax
authories.
Thanks
| Is This Answer Correct ? | 5 Yes | 1 No |
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How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
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