Is WCT liable to be deducted in Whole of Invoice Value?
(including VAT & Service Tax)
Answer Posted / yatin
Dear ,
WCt TDs liable to deduct only on "Actual Amt. of Inv.
excluding any tax" i.e. (100 + 12% vat = 112/- then wct
applicable to 100/- rs. only & not on 112/- ok........
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
Short answer on _______Amendment
Data flow of Accounts payable to General ledger?
How many types we are received funds in business purpose
what is Exposure ?
why funds management doc is generated during migo and miro
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
what is circuit filter?
i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Expand-----RTD
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
Expand-------MTRS