what is vat?
what is excise?
what is form c & d in sales tax?
Answer Posted / raupya
Form C is issued by the dealer for purchasing goods from
the dealer out side the state in which he resides the
effect can be understood ny looking at following example IF
Mr A Registered Dealer in Hyderabad (AP) wants to purchase
goods from Mr B a registered dealer in Mumbai.Mr B who is
selling the goods will charge VAT @ 4% or 12.5% on the
goods if Mr A issues him āCā Form then Mr B should Charge
him CST @ 2% so Mr A is SAving Tax.
| Is This Answer Correct ? | 19 Yes | 22 No |
Post New Answer View All Answers
How to calculate sales tax ?
please tell me friends what are the formats of excise return and vat return?
what is the difference between vat 100 and vat 120?
what is reverse credit & how it is calculated in vat law in west bengal?
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
I have working with Rs.180000/- I want fill up itr 1st time What is process.
cst rates
How will you calculate house rent allowance (hra)?
we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
How to calculate long term capital gain
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
which items should be covered the Entry Tax by HP Govt instead of Purchased
what Is the ITc Claimed. how to utilized the ITC.