please tell me procedure how to calculate vat if we got vat
credit?
Answers were Sorted based on User's Feedback
Following would be the procedure
Suppose we have Rs. 500 under VAt output A/c . Input
credit available with us is Rs. 100 Actal amount to be paid
woud be-
Vat on Output 500
Less Input Credit 100
Balance to pay 400
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / deepak bendwal
THE CALCULATION IS UNDER
TOTAL OUTPUT SALES RS. 5000/-
INPUT REBATE IS RS. 500/-
_______
PAYING AMOUNT IS 4500/-
| Is This Answer Correct ? | 1 Yes | 0 No |
Who is to paid income tax and what is the procedure of filling income tax return?
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?
What is the VAT rate for Gold at present? How to calculate VAT for gold?
If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocopiers Machines it is understood that we will be charged 12.36% of Service Tax on 70% of Total amount however how much percentage VAT is applicable on rest of the 30 % of total amount?
What is cenvat credit?
How can adjust income tax with TDS???
what is the difference between banker cheque and cheque?
WHAT IS THE TDS RATE ON FREIGHT
7 Answers ABC, Chartered Accountant, Ramky, Spk Software, VS,
What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?
IF 7th is Sunday, can we pay the TDS on 8th?
what do u meant by investment banking