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scrap material value 5000/- vat rate is 5%+tcs. now my
question is
1.how much value of tcs & vat.
2.after taxable value add vat or add tcs (before vat or tcs)
& how much value of vat & tcs. Plz reply me
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Answer / mohammad rustam
1. value of TCS RS.53 & vat Rs.250
2. Vat taxable value is Rs.5000, after taxable value we have
to add vat Rs.250 to get taxable amount of TCS Rs.5250
3. Value of Vat Rs.250
Value of tcs Rs.53
| Is This Answer Correct ? | 106 Yes | 14 No |
Answer / karthick
Tcs = rs.50
Vat = rs.250
Tcs will deducted excluding the vat ..
Is the answer is correct
| Is This Answer Correct ? | 11 Yes | 13 No |
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