How we will learn Sales Tax, VAT quickly?
Answers were Sorted based on User's Feedback
Answer / selvam
Sales tax is the Single mode taxation and the VAT is the
Multimode taxation.
| Is This Answer Correct ? | 19 Yes | 10 No |
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 |
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 |
what is the tax of business income ?
Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You
What is "Crossing the customs frontiers of india"? Please explain in layman language.
send me all current year taxation such that rates and exemptions or on which web site i have to prefer
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
Can PF rate below 12%, if an employee want the deduction at lower rate ?
how to modify 12% to 13.5% in tallyerp9 release 1.6
what is the difference between tcs and tds explaine?
what is costing ? how aclculate mcv? mpv? muv?mqv? with example?
Whether Luxury Tax is applicable for ICU Bed charges..
Vat Tax Paid comes under which head.
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
0 Answers India Infoline, TCS, Wipro,