Interested to Buy Any Domain ? << Click Here >> for more details...
What are the present rates of Vat, Tds & Service Tax?
- 16 Answers
- 45308 Views
- Genpact, IBM, Medical, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / perminder singh
SERVICE TAX RATE IS 12.36%
VAT RATE IS 5%,12.5%,20% & TDS RATE DEPEND UPON ITEMS
| Is This Answer Correct ? | 56 Yes | 13 No |
Answer / nishant sehgal
Vat Rate is 5%,12.5% & 20% & Tds depend on Items
| Is This Answer Correct ? | 48 Yes | 21 No |
Answer / bikash
VAT rate depend on State level legilative in West Bengal
1%,4%,12.5%, 0 rated and exempt Vat
TDS rate depend on upon iteam........
Professional fees @10%
Job Work 1% for individual & 2% Firm
Interest @10%
etc..........
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / pawan rokade
Service tax rate is 12.36%, VAT Rates are 5%, 12.5% & 20%
and Rate of TDS is depend on Sections and Type of Deductor
DS is deducted i.e. U/s 94 C for Individual & HUF TDS Rate
is 1% & for Company or Firm TDS Rate is 2%.
| Is This Answer Correct ? | 18 Yes | 6 No |
Answer / santosh aher
Vat: 5%, 12.5%
Tds: JOB WORK 2%, WORKS CONTRACT 2% & INDIVIDUAL W.C. 1%, PROF.FEES 10%.
Service Tax: 12.36%
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / saheli mitra
VAT RATE DEPENDS ON PRODUCTS
SERVICE TAZ 10.36% AND 12.36% DEPENDS ON MATTER
TDS RATE
FOR CONTRACTOR 1% FOR INDIVIDUAL/FROM FIRM AND FOR COMPANY
2%
TDS ON COMMISSION/RENT 10%
| Is This Answer Correct ? | 12 Yes | 4 No |
Answer / ashok kumar sahoo
Hi,
1. VAT
1% Tax ( Gold ornaments & Diamonds etc )
5% Tax ( Daily consumable Goods, as usual Goods )
12.5% Tax ( On Luxerious Items etc.)
20% Tax ( On Lubricant Oil etc )
2. TDS is a Direct Tax
Rate of TDS
TDS Rent@10%, Range upto-1,80,000/-
TDS Cont.@2% in case of companies, Range upto 75000/-
TDS Cont.@1% in case of other than companies Like Individual, Partnership firm etc
TDS Comm.@10/- Range upto 5000/- incase of insurance & 10000/- incase of Banking
TDS Proffessional @ 10/- Range upto 30000/-
3. service tax is a Indirect tax
Rate of Service Tax-10.30%
Regards:
Ashok
I Disk Solutions
09861991761
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / ravindra chikane
Vat - 12.5 %
Tds -1 %
Service tax - 12.36%
| Is This Answer Correct ? | 16 Yes | 10 No |
How to calculate of WCT of haryana state and what is the effect on Sales Tax, Service Tax & TDS.
what do you mean by return in taxes
What is E-I & E-II forms in Sales Tax?
Suppose A, Delhi is selling material to B, Chhhattisgarh & B wants this material at Bhopal. A bills like sold to party B, Chhattisgarh & Ship to party C, Bhopal. Whereas C is a site office of B. In this case whiling billing A required TIN no of B & C or proving TIN no of B is enough?
What do you understand by dissolution of firm?
what is the tax rate or tax slab for the companies for AY 2009-10?
can i take input tax credit on inter state purchase? reply breifly.
what is TDS
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
Under DVAT ABC is a "company" which has taken contract from Delhi state govt department and subcontracted part of work to XYZ. Where ABC is under composition scheme and XYZ is under normal scheme. Govt deducts 3% WCT from payment to ABC towards vat.Whether subcontractor is liable to pay WCT vat on his turnover though the main contractor has already discharged tax liability on entire turnover? What is the mechanism ?
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
How many types of Tax are ?
Audit 
