Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Tell me the meaning of VAT (TDS) When it will be applicable?
& rate of VAT TDS

Answer Posted / dhiraj singh

VAT - Value Added Tax.
VAT is charged on Intra State Sale or Purchase. When we sale
or purchase within a state, then VAT is charged.
The rate of VAT are:-
1% - Gold, Jewelery etc.
5% - Normal Goods.
12.5% - Petrol, Lubricants etc.
20% - Alcoholic Products.

Is This Answer Correct ?    31 Yes 33 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

1707


I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1975


hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information

1982


which purchases is profitable for us a building material purchases from direct of contactor ?

1934


What do you understand by transfer income?

1093


What do you understand by dissolution of firm?

1197


Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?

1905


What is the difference between Indian and us taxation

2737


For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?

5613


what is the method of work contract tax computation

2882


what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?

2193


taxes leivied on carpentar & plumbing services

1742


Define previous year.

1117


what is CST % applicable on garments sales to other state?

1836


what is cenvat credit? plz tell service tax interest rate and watz it procedure...

2426