What happens if I return material purchased in March to the
buyer in August next year? Do I get full refund of the
value including tax?
Answer / manikprabhu s uttarwar
E.g. in Maharashtra goods returned within 180 days can be claimed as deduction and to that extent you can adjust your output VAT liability. You have to calculate the number of days between sales and goods returned.
Is This Answer Correct ? | 2 Yes | 0 No |
My company liable to paid Service tax for GTA (Goods Transport Agency) in Jan,Feb & March month. our Transport made on 15.02.09 and Transport bill accounted on 02.03.09. on 25.02.09 Service tax reduced 12.36% to 10.30%. So my quastion is what rate should i caluculate to paid the tax. while transport date (12.36%) or Bill accounted date (10.30%) pl tell me.
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If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.
if I Purchase goods within state But sale goods in other state (interstate sale), Which tax to be deposit either CST tax or other ? or what is Procedure of tax computation in this type of sale?
what is rate of different service tax in haryana