what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY
Answer Posted / ruchi
cst refers central sales tax which is levied on the sale of the goods with in the state and collected by the central govt.
vat refers value added tax which means charge the tax on consumable products and this is the charge by the state govt.
sales tax is like a vat.
excise duty is levied on the moveable products or manufacture products.it is charged withhin the country and collected by the central govt.
customs duty is levied on the import of goods from another countries.
| Is This Answer Correct ? | 38 Yes | 15 No |
Post New Answer View All Answers
WHEN FORM VAT R-2 USE?
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
Who advance tax is the asset for company? What are the accounting entries of advance income tax
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.
We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
how to creat e-vat return in tally
what are accounting principles
What is meant by Cost of Improvement?
What is calculate of tds
I want to know the TDS ammount which deducted by company.
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
How do you plan to achieve these goals?
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9