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1. How many types of vat?
2. What is the sales tax purpose?
- 31 Answers
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Answer / trupti
THERE ARE 5 TYPES OF VAT
1)1% - GOLD & PRECAUSIOUS STONE
2)4% - FINISH GOODS
3)12.5% - ELECTRONIC GOODS
4)20% - LIQUOR
5)UP TO 36% - PETROL, DIESEL
| Is This Answer Correct ? | 183 Yes | 77 No |
Vat basicaly is two type
1-Input Vat (Charge on Purchase)
2-Output Vat(Charge on Sale)
Sale Tax
When our Turnover Above of 900000 then it's mendetory
registration of S.T.R.
When our Turnover(Gross) above of 1000000 It's compelsoury
payment of S.T.
S.T is charge Receipt basis.
| Is This Answer Correct ? | 68 Yes | 23 No |
There is no different types of vat. only different types
vat rates are there on different types goods.sale tax is
two types vat and cst. When you sale the goods within state
you paid vat and sale the goods outside state then paid cst
to the concerned authorities.
| Is This Answer Correct ? | 48 Yes | 20 No |
Answer / kanchan pardhi
There are 2 types vat (1)input vat & (2)output vat
1-input vat (charge on purchase)
2-output vat(charge on sales)
different types
vat rates are there on different types goods.sale tax is
two types vat and cst. When you sale the goods within state
you paid vat and sale the goods outside state then paid cst
to the concerned authorities.
| Is This Answer Correct ? | 31 Yes | 5 No |
Answer / rohit kapoor
i want to knowledge of payroll and t.d.s & income tax pls
sent your answer on my e-mail side in easy languges.
| Is This Answer Correct ? | 46 Yes | 21 No |
1.two type
A.Input Vat
this type of tax use is Registered Dealer.
B.Output Vat
this type of tax use is good sold on customer.
| Is This Answer Correct ? | 20 Yes | 4 No |
Answer / manzur
1. 2 Types of vat . Input Vat and Output vat
2. When you sale the goods within state
you paid vat and sale the goods outside state then paid cst
to the concerned authorities.
| Is This Answer Correct ? | 13 Yes | 0 No |
what is TDS and which apply on and its what is diffrent rates on diffrent items.
how many types of vat
I am running a small business under labour charges. I purchase raw material paying tax. I do not have a tin no. In that case kindly advise How to file IT returns of my company and whether I can claim tax refund.
Is the Cess to be charged on the TDS made on Proffessional Charges?
How TDS Is Calculated
We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?
Why it's necessary for a company to file TDS Returns?
why direct tax to choose as a field for the career?
what mean of withholdingtax ?
i have received bill from Catering Service in that they charges VAT and Service tax box.Please clarify wheather it is charge both TAX
what is the significance of business taxation in private company?
How many heads are there under total income? Name them.
Audit 
