Interested to Buy Any Domain ? << Click Here >> for more details...
what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
- 209251 Views
- Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS, I also Faced
- E-Mail Answers
Answer Posted / sanjay chadha
VAT is Value Added Tax. It is tax chared by the registered
dealer at the time of sale of goods just like Sales Tax. A
vat dealer can claim credit of vat on good purchased by him
just like excise duty.
While Excise is the tax on goods produced but charged at the
time of its removal i.e. at the time of sale.
Form C is issued by a reg. dealer(purchaser) to seller of
goods in case of CST so as to charge him sales tax at lesser
rate whereas the form D isissued by the govt to the seller
of goods for the same reason.
| Is This Answer Correct ? | 760 Yes | 193 No |
Post New Answer View All Answers
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
how to get input credit in vat & service tax
What is CAARO?
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
i wanna p.y tax assistant exam question paper Please send this as earlier as.
Sir please confirm job work sale for clothes shat d1 yes & no
i want about TDS full details with Limit,Rate and Entry in Tally ?
What qualification require for become a tax consultant ? what the future in this..???
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
What is the difference between fund flow vs. Cash flow?
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
what are accounting principles
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
How can deduct tds from auction cases (timber)
a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?
