Answer Posted / p. navaneetha krishnan
VAT => Value Added Tax, Its a Indirect Tax which is
replaced Sales Tax with effect from 1-1-2007 in most of the
states in india. It is a simplified method of Tax which is
implimented so far by the governemnt.
Sales Tax Registered No. was replaced with VAT No.
It's similar to sales tax, what ever the collected vat
amount of tax, that has to be paid to the government
account on specified date
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is meant by asset clearance . how should i make my entries in tally
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.?
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
Sir please confirm job work sale for clothes shat d1 yes & no
what difference in motvat & cenvat? and why this prepared?
how to finalaze the balence process using tally
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
what is vat adjustmant?
Define previous year.
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
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?
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.