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...

What is the Difference Between Sales Tax and VAT ?

Answer Posted / n manjunath reddy

VAT is value adding from manufacturer to
wholesaler to retailer to the partcular product up
to the alimate consumer he every process VAT
need to be collect but sales tax only once
payable

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1542


Can you please explain the difference between differentiate between consignor and consignee?

1086


Explain the meaning of long-term notes payable is or long term liabilities?

1197


What do you mean by balancing of ledger account?

976


my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

2008


journal entry for prepaid insurance and salary outstanding

1622


Tell me did you use accounting applications at your previous companies or prefer working manually?

1042


What are negative postings?What are Credit memos ?Payment Requests ?

2148


In accounting, are assets a permanent account?

1246


hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

2256


using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts

1893


What qualification do you need to become an accounting professional?

1045


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

2035


What is the tds effect in balance sheet if tds receipts?

1205


What is fitting and fixtures?

2130