How to calculate pf, esi, vat, sales tax etc.,
- 61 Answers
- 709608 Views
- Aparna Enterprises, Cap Gemini, Genpact, Gurcharan International, HCL, Pushp Steel, Shriram, TCS, I also Faced
- E-Mail Answers
Answer Posted / rajesh diwan
VAT : VAT percentage has been changed in terms of
VAT+Additional VAT. ie. Vat 4%+Additional Vat1%=5%,
Vat12.50%+Additional Vat 2.5%=15%,Vat 15%+Additional
Vat2.5%. And the product Value is MRP, that meanse the rate
is inclussive of all taxes. If the product Value is 100 MRP
and Vat Rate is 5%, then the nit rate will be 95.24 + 5%
Vat.
If the Product value is not MRP, you can raise the bill for
Rs.105. is 100+5% vat
And Vat is applicable only in Inter State Sales and for
Sale to Outside States CST (Central Sales Tax ie. @%) is
applicable.
| Is This Answer Correct ? | 103 Yes | 38 No |
Post New Answer View All Answers
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
what is fillup form when company issue c form
How can a taxpayer get a refund for an overpayment of taxes?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
what is fbt@ ,sd @
who will able to deduct the tds
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
Define Amortization & Impairment?
What are the procedures for remitting WCT?
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
how we issue the road permit to seller for receiving the rearing material
Who is an assessee?
why is service tax set off is consider while calculating wct tds
i wanna p.y tax assistant exam question paper Please send this as earlier as.
