We are a UK company selling electronic s/w licenses to
customer in India. We have a PAN Number.
Why is TDS being deducted on a product?
Why is TDS calculated on the invoice value - surely it is
supposed to be on Income and not Turnover?
What is the correct TDS % deduction?
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Can i take service tax on freight outward.
If seller sale exempted goods outside the state then "c form" is necessary or not?
What do you mean by MOT Charges in excise ? Explain !
What is the new tax slab for the assessmnet year 2010-11?????
what is the significance of business taxation in private company?
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
We R doing Yarn Dyeing by purchasing in India & exporting to Overseas, We can purchase the yarn against form H ?
Whether sales tax is chargeable on imported goods.
Pass a entry for purchase a material for Rs. 2000 inclusive of VAT @ 4% on Rs. 1500 & @12.5% on Rs. 500 with narration
Please let me know How to deduct TDS when we paid amt to the vendor in account payable and what procedure for doing payment of tds and how
Is it necessary to file NIL TDS return?
A SUPPLIER FROM GUJARAT IS ASKING 15% CST AGAINST SUPPLYING OF LIFT IN PUNE (MAHARASHTRA) IS IT APPLICABLE OR NOT?
2 Answers Nitin Art Infrastructure,