Interested to Buy Any Domain ? << Click Here >> for more details...
what is vat,meaning,procedure,heads,rates,all form of
vat,when vat is filled,full information about vat?
- 8 Answers
- 34826 Views
- I also Faced
- E-Mail Answers
Answer Posted / bharushi@yahoo.co.in
what is vat,meaning,procedure,heads,rates,all form of
vat,when vat is filled,full information about vat?
Question Submitted By :: Vikas.hooda
I also faced this Question!! Rank Answer Posted By
Re: what is vat,meaning,procedure,heads,rates,all form
of vat,when vat is filled,full information about vat?
Answer
# 1 vat stands for value added tax.sales tax is redefined &
renamed as a VAT. but central sales tax is remain same name
and applicable as CST. sales tax has two types.
1st- local sales tax that is also called vat.
2dd- central sales tax that is called cst.
filing of return is quaterly for vat & cst.
Rates of vat i.e. LST is 1%,4%,12.5%,20%
1% is used for selling gold silver diamonds ETC
4% is used for selling rice pulse medicine ETC
12.5% is used for cosmetic item ,packed tin food, pac &ked
water & luxurious item.
20% for liquor product.
filling process. -for purchasing
form Lp7 for 1%, 4% and 12.5% goods purchasing
for selling LS 9 for 1%,4%,12.5%,20%
Quaterly return form vat R1-its included all purchase during
three month mmention in Lp7 and ls9
yearly return vat R2 details regarding sale and purchase
throughout the year,
timing for filingfor 1st qtr-30june,2ndqtr-30oct and so on.
| Is This Answer Correct ? | 60 Yes | 17 No |
Post New Answer View All Answers
WHEN FORM VAT R-2 USE?
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
what is city commodity tax
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
how we can access the Tax Deduction through PAN ?.
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com
