What is the Difference Between Sales Tax and VAT ?
Answer Posted / supriya dasari
VAT is levied on sale of the goods and services . And VAT is
for local sales & Services only.
where as sales tax is levied on manufacturing and non
manufacturing goods when they are selling.But Sales tax is
foe central wide.
| Is This Answer Correct ? | 3 Yes | 3 No |
Post New Answer View All Answers
If a prospective client kept presenting you with excuses not to buy, what would you do?
why only 6 months interest is charged on drawings
What do we mean by Redemption of shares and debentures?
we had company we provide work others they deducted tds how to pass entries in my company please tell me
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
What is the provision?
What is your role in planning?
What are the 4 principles of gaap?
our cheque to Arshad Khan was dishonored?
Productive Investment is Working Capital. Is it correct?
WHERE WE CAN USE VAT 5%,14.5%
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Do you know executive accounting?