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what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
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Answer / atul
vat is value added tax and having two kinds cst (central
sales tax) and local sales tax if we want to purchase some
goods out of our state that is central sales. vat is
calculated on behalf of net tax basis like A is a register
dealer and purchaser also and B is also register dealer and
saler what ever goods A purchase from B he would get input
tax and what ever goods a would sale he would get output
tax difference of both A have to pay
example;- output tax -inputtax
| Is This Answer Correct ? | 77 Yes | 152 No |
Answer / mr. prasad
VAT is Value Added Tax which is charged by seller at the
time of selling the products
| Is This Answer Correct ? | 41 Yes | 135 No |
Answer / crmdms
If A wants to purchase from B then why to do this kich kich.
Just go to " AB " i.e. Amitabh Bachhan and you will get the
solution
Sala 5th Std fail.
| Is This Answer Correct ? | 130 Yes | 557 No |
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The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
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Audit 
