Is the sales tax or vat applicable on sale or purchase of
building and other fixed assets.
Answer Posted / p. prasath
There is tax for Sale of asset. There is a limit fixed (i
think its 3,00,000 - dont know exactly), if you cross that
limit, you should raise invoice and collect the tax. But
this wont get added with your turnover.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
how we creat e-vat return in tally for punjab
What is RITC under UP VAT. and How it is calculated.
What's format of CMO & CMA Data?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
What is the different between Excise Invoice and Invoice
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
over all details about tax what is mean by headge fund and detail explanation?
We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?
In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap
what do you mean by cenvat? and in which is liable?
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com
please tell me friends what are the formats of excise return and vat return?