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What is difference btween Form-cForm-D,Form-
h,excise,MODVAT, VAT? How many types of forms available?
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Answer Posted / ramesh panth
Forms type
1. Income tax form
2. Excise duty form
3. Sale tex form
4. Service tax form
5. VAT form
6. TDS form
7. TCS form
8. Modvat form
form c-form c is used for charge the lower tax rate @2%.
form d-form d is used when we purchase goods from
government submit form d.
form h-form h is used when we import the goods from foreign
so we submit form h.
excise duty-is used when we purchase the goods so we paid
the excise duty.
modvat-whenthere is change in vat so it is called a modvat.
vat-when we sell or purchase the goods so we paid or charge
vat on the goods .
BY:RAMESH CHANDRA BLODI FROM DEGHAT,DUBASIL
| Is This Answer Correct ? | 4 Yes | 4 No |
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