Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is vat and sales tex?



what is vat and sales tex? ..

Answer / safayat

VAT means value added tax. It is a tax which is charged on
the added value of a product. It is an indirect tax,
ultimately paid by the consumer. Sales tax is not so. The
difference about sales tax is that it is paid by the seller.

Is This Answer Correct ?    4 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

what about the company background?

5 Answers   Capital IQ,


what is the difference betwen p & l a\c and income & expenditure statement

3 Answers   Genpact,


how to introduce ourself

14 Answers   Infosys, Kamkuo, Voltas,


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

0 Answers  


What do you mean by / what is working capital management..?

2 Answers  


Explain the setup steps for Autoinvoice?

1 Answers   Airtel, Morepen,


What are the major responsibility's of an accountant? what are the qualities he /she requires?

0 Answers  


What the journal entry pass for appreceation Fixes asset Dr Cash/Bank/Supplier Cr Is i m Wright

4 Answers  


expand P S U

2 Answers  


what happens to each of the three primary financial statements when gross margin decreases?

0 Answers  


I am going to attend an interview for the post of Accounts Officer in NCMSL Co.(procurement co.),So pls help me for the interview.

1 Answers  


What do you mean by Venture Capitla and Private Equity?

1 Answers  


Categories