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
- 209139 Views
- Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS, I also Faced
- E-Mail Answers
Answer Posted / pappu
VAT is a multi-stage tax levied at each stage of the value
addition chain, with a provision
to allow input tax credit (ITC) on tax paid at an earlier
stage, which can be appropriated
against the VAT liability on subsequent sale.
VAT is intended to tax every stage of sale where some value
is added to raw materials,
but taxpayers will receive credit for tax already paid on
procurement stages. Thus, VAT
will be without the problem of double taxation as prevalent
in the present tax laws.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
how we can access the Tax Deduction through PAN ?.
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
kindly advise me any set off in excise duty in maharashtra
What is excise & service tax?
explain the special provisions for computing profit and gains of retail business
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
over all details about tax what is mean by headge fund and detail explanation?
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.
What is meant by asset clearance . how should i make my entries in tally
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
why use diff vat forms like vat51 vat3 why
In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap
