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what is VAT?

Answer Posted / nichit pandurang

Value Added Tax

Is This Answer Correct ?    15 Yes 2 No



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Please Help Members By Posting Answers For Below Questions

wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.

1580


I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.

2280


How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

12352


What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

2142


What are the procedures for remitting WCT?

2111


is a pvt ltd. comp. can give advance against salary to his director.

1998


My client has not filled income tax return for ay-2013-14

1620


what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???

2177


kindly advise me any set off in excise duty in maharashtra

1618


Does the tax liability of an individual get affected due to his residential status? If yes, explain.

1038


How many turnover company active TAN no applicable and how many deduction % of service.

1746


Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.

3393


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

2190


If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

2031


Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere

2235