1. How many types of vat?
2. What is the sales tax purpose?

Answers were Sorted based on User's Feedback



1. How many types of vat? 2. What is the sales tax purpose?..

Answer / santhosh

Input VAT and Output VAT are two types
Input VAT is on purchases within the states
output VAT is on Sales to register dealor

VAT Rate is differ in both the cases
and which is based on product
u can read 6 VAT schedules in the Net and came to knw what is the vat rate on different goods

Audit is mandatory if turnover crossed 1 crore

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1. How many types of vat? 2. What is the sales tax purpose?..

Answer / nagendra

i am nagendra searching job please tell me vat cst interview question examples

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1. How many types of vat? 2. What is the sales tax purpose?..

Answer / vinod kumar

The India Is a four type of VAT :-
1:-1%
2:-4%
3:-4.5%
4:-12.50%

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1. How many types of vat? 2. What is the sales tax purpose?..

Answer / abhishek kumar

V A T - The value aded tex is indirect tex replaced in ples of sales tex it is yusd to didoct by salect government

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1. How many types of vat? 2. What is the sales tax purpose?..

Answer / sanje

There are 3 types

Is This Answer Correct ?    0 Yes 1 No

1. How many types of vat? 2. What is the sales tax purpose?..

Answer / kokila

there are 3types of vat 5% 13.5% & 15%

Is This Answer Correct ?    4 Yes 6 No

1. How many types of vat? 2. What is the sales tax purpose?..

Answer / mala e

There are five type vat there are:
1.vat at 0%
2.vat at 1%
3.vat at 5%
4.vat at 13.5%
5.vat at 20%

Is This Answer Correct ?    5 Yes 7 No

1. How many types of vat? 2. What is the sales tax purpose?..

Answer / kiran

VAT IS TWO TYPE INPUT & OUTPUT BUT IN INDUSTRY VAT IS 3 TYPE
AGINST D1 4 % aND 12.5% OR WITHOUT D15% VAT

Is This Answer Correct ?    2 Yes 6 No

1. How many types of vat? 2. What is the sales tax purpose?..

Answer / jaydeep rawat

1. 1% - FOR GOLD, DIAMOND
2. 4.5% - FOR RAW MATERIAL, STATIONERY, MEDICINE ETC.
3. 13.5% - FOR ELECTRONICS ITEMS, LUXURY GOODS ETC.
4. 20% - LIQUOR
5. 22% - DIESEL
6. 24% - PETROL

Is This Answer Correct ?    0 Yes 5 No

1. How many types of vat? 2. What is the sales tax purpose?..

Answer / sachin paliwal

Ans.1 4 types of VAT

Ans.2 4% & 12.5%

Is This Answer Correct ?    30 Yes 44 No

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