How we will learn Sales Tax, VAT quickly?

Answers were Sorted based on User's Feedback



How we will learn Sales Tax, VAT quickly?..

Answer / selvam

Sales tax is the Single mode taxation and the VAT is the
Multimode taxation.

Is This Answer Correct ?    19 Yes 10 No

How we will learn Sales Tax, VAT quickly?..

Answer / r.r.jagadeesan

The Goods and Services Tax Act, 2017 came into force in India with effect from 1.7.2017. Due to the introduction of GST, Sales Tax and Value Added Tax were came to an end there is no Sales Tax or Value Added Tax. To learn the present system of taxation i.e. GST go through abhivirthi.blogspot.com.

R.R.JAGADEESAN
GST Practitioner and Industrial Consultant
H-63, Palaami Enclave,
New Natham Road,
Madurai-625014.
Cell: 9994990599
Blogspot: "abhivirthi.blogspot.com"

Is This Answer Correct ?    1 Yes 0 No

How we will learn Sales Tax, VAT quickly?..

Answer / g.ramya

VAT is charged on intra State sale means when sale is made
within the state, where as Sales tax is charged when sale
is made outside the state

in simple words, VAT is charged on Intra state sale
Sales tax is charged on Inter state sale

Is This Answer Correct ?    3 Yes 7 No

Post New Answer

More Taxation Interview Questions

how to minted the account what is deprecation a/c entire

1 Answers  


Why buyer have to issue C forms & what is the issue

1 Answers  


Who will be authorized to collect Luxury Tax ? Is ther any form of returns for luxury tax? Bar & Restaurants are charging Luxury Tax @10%, is there any accountability for collection of luxury tax.

1 Answers  


one supplier/dealer of a Reputed Electric motor manufacturing company of Kolkata having shop in Dhanbad (Jharkhand)carges 10.3% E.D + Education cess + Jharjhand VAT on ordered value whether is it correct? Are dealer are supposed to charge E.D.

1 Answers  


if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

0 Answers  






I want to know the Taxation entries manually like(TDS,VAT, Excise duty, Income tax, statutory payment entries)

1 Answers  


what is the tax rate or tax slab for the companies for AY 2009-10?

1 Answers  


sir, can you give me clarification briefly how to capitalized and which one capitalized

0 Answers  


If my Basic Salary is Rs.23000/- than what is the tax impact on it ie PF,ESIC,PT & TDS with calculation.  and also if i had received only 9mth salary.  

1 Answers   Triple A Overseas Ltd,


IF the turnover of assessee is below Rs 50 lacs but profit declared is less than 5% of turnover . IS he subject to tax audit?

3 Answers  


why direct tax as a career field? why u have chosen direct tax as a field?

0 Answers  


what is long term capital gains & short term capital gains ?

7 Answers   Mphasis, TCS,


Categories