what is the different between CST , VAT, and Excise Duty ?
Answers were Sorted based on User's Feedback
Answer / rohit jha
CST,VAT and Excise Duty is indirect tax,but when we sale &
purchase from one state to other state then use CST Tax,in
local sale purchase use vat,and excise duty charge on
manufacturing unit.
| Is This Answer Correct ? | 38 Yes | 1 No |
Answer / sreedhaam
Yes, I agree with Rohit,Excise duty will calculate on Basic
price of produt after add the ed.cess we have to calculate
VAT(for AP Sales/Purchases) for CST out of AP we have to
calculate.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / guest
CST is OMs, VAT is interstate, Excise duty on manufature goods
| Is This Answer Correct ? | 2 Yes | 8 No |
WHAT ARE SERVICE TAX RATES ON AUTOMOBILES PARTS
i have received bill from civil work contractor in that they charges Service tax & vat on same amount & .Please clarify
what is the prime cost? and factory cost how to calculate it?
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherwise it will be treated?
Cenvat credit transaction journal entries. And what does the term reversal of credit means
We are into Press Tool & Die Manufacturers and regisered with ESI. for Expansion of Building we are paying civil contract bills ( incluidng labour as well as material) . Please let me know while making payment we have to deduct ESI because civil contrator is not registered under ESI. My question is contractor issue bill including material . on what amount we have to deduct ESI. Please let me know.
We had received form16A from one corporate company, against they made payment about Rs.49,000/- on 25/06/08, What i Should do this form ?
what is the full rate of cst/vat of building material ?
how to calculate T.D.S on the basis of current I.Tax slab if the monthly salary is 50,000 p.m.
what is the exact meaning of cst? what is its usage and what are the benefits of c form?
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.