What will be general entry for VAT or Sales Tax paid to
government in cash for an Financial year?
Answer Posted / nagachandra pattar
There is no need to open Government (Sales Tax Dept)A/c in
your books.
The entry was:
VAT Payble A/c Dr ***
To Cash/Bank A/c ***
(Being Sales Tax paid for xxxmonth-10)
Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
Which income is considered as accrued income?
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..
due date for issue of C form, if c form is not issue what will be the consequences
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
how to creat e-vat return in tally
how i get h form
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
How to calculate excise duty on mobile products?
WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?
what is procedure to get c form? what is procees to get vat /tin no
over all details about tax what is mean by headge fund and detail explanation?
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?