What is VAT stands for? what kind of VAT it is?
- 6 Answers
- 10038 Views
- OPI Global, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / dipti panigrahi
VAT stands Value Added Tax. VAT is a indirect tax which is
same as Sales Tax which is given or charged at the time of
selling of a good by the buyer.
| Is This Answer Correct ? | 16 Yes | 2 No |
Answer / g.ramya
VAT stands for Value Added Tax. It is charged on Intra
state sale. it means when a sale is made within a State,
then that local State govt will charge tax on that sale. it
is introduced to avoid the cascading effect of tax, that is
to avoid double taxation
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sunil sharma
vat stands for value added tax which is lieved on every
sale and take credit of vat in every purchase.Govt. inforce
the vat in india for equalisation of tax.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / asha
VAT is mean by Value added tax
Vat is added for both sales and purchase
When sale is done its vat payable
when purchase is done its credit input we have
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / indira gokul
VAT - VALUE ADDED TAX
THERE ARE 1% 2% = GOLD AND SILVER
4% = NORMAL GOODS
12.5 % = DRESS AND ETC
EXCEMPT = NONE OF ABOVE.
| Is This Answer Correct ? | 1 Yes | 5 No |
what is the tds rs for commision , and other
Which form used for registration in GST?
Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??
What is TDS,rate od TDS and who is liable for TDS?
Dear sir, Please explain, Suppose I am not adjusted entire year the Input Tax Credit for sales tax related. Sales tax authority will return back the ITC Amount suppose not claiming not adjusted, it is possible or other wise that amount shall I carry forward next year?
What is the difference between excise & service tax?
i want know central excise duty codes with cess?
Ina earth work excavation and filling work , wct is applicable?
can a company deduct tax at source on thier telephone and broadband billing? if yes then what will be rate of TDS?
WHO IS THE AUTHORITY TO PRODUCE "C" FORM, WHERE ONE CAN GET IT.
why we use 2.06% and 2.266% of tds rate in one contract.what is the difference?
a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?
Audit 
