what is difference among VAT, CST and sale tax
- 14 Answers
- 33104 Views
- Sulux Phosphates, I also Faced
- E-Mail Answers
Answer Posted / amit goyal
VAT- Vat is a local tax in a state.That percentage is 4,5
and 12.50 %.In local tax we issue D-1 form aganist 4% sale
or purchase.otherwise 5 or 12.50 %tax will be charge.
CST - Central sale tax is a sale of outside local city.It
means sale on central area.the tax is on C form 2 %
otherwise 4 and 12.50 %,It depends on item.
sale tax- We are saling the product than we can charge tax
that is sale tax.sale can be central and local.
| Is This Answer Correct ? | 16 Yes | 1 No |
Post New Answer View All Answers
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
Type of form use in sales Tax
accounting taxation
How to reconcile a Vendor who is a supplier as well as a Contractor?
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
How to adjustment of CST ? and also tell me about C-Form affairs ?
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.
Rules for filling Income Tax return for a MNC?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.
How to make a bill of software sale with service tax?
How should the personal assets of a salaried employee be shown in his books of accounts ?
WHAT IS EXECUTION OF WORKS CONTRACT ?
