What is the Difference Between Sales Tax and VAT ?
- 7 Answers
- 20761 Views
- I also Faced
- E-Mail Answers
Answer Posted / shraddha
VAT is levied on goods and services whereas Sales tax is
levied ony on goods.
VAT is state tax whereas Sales tax is Central tax.
| Is This Answer Correct ? | 16 Yes | 32 No |
Post New Answer View All Answers
what is the basic difference between pooling of interest method and purchase method in amalgamation
What are the steps to take before you approve an invoice for payment?
why are accounting firms needed?
what is the Differed Tax Liability & How it is calculate ?
hi for all i completed Mba finance in 2008.then i got a job in kpo capital iq as jra for 1 year than i left it and done a course sap fico so now looking for a job in sap how to approach? pls give me answer
1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?
Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.
What are the objects of cost accountancy?
What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?
hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me
if you are a hard working nature conclude your self?
Why do you want to be an accountant?
Explain what is accrual accounting?
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
How is scrap value calculated?
