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...

If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What
is Vat Payable?

Answer Posted / madhulika2011

vat payable= 1000*(20/120)
= 166.67

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the major components of country's trade account?

2986


Please explain the difference between provision and reserve?

1005


Explain miscellaneous expenditures & profit and loss account debit balance

1063


Tell us what is icai?

1077


1.recivable and payble 2.pf,tds,esi

2021


as muthoot finance is a finance co,so what would be pattern of asking in relation to finance and a/c question?will it be basic or general or it would be market related situation?plz if help me anybody...

2237


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1838


What are the differences between accounting and auditing?

1125


Explain which accounting application you prefer most and why?

1001


What is the double entry system explain its rules with examples?

1092


What do you mean by gaap in accounting?

1046


Do you know offset accounting?

1040


Mention what are things will not be included in a bank reconciliation statement?

1139


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1951


What are the different fields of accounting?

1024