Answer Posted / satendra kumar paswan
ITC = Input Tax Credit.
This relates to the Purchase Tax paid by any dealer or
manufacturer on purchase of Stock within the state of Raw
materials, packing material to be used for manufacturing &
maintinance items which is repairing purpose of production
machineries
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is excise & service tax?
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved
why charges PURCHASE @ 15 % TAX RATE ?
WCT charged on firm or on proprietor?
I DED TDS ON SALARY AND CONTRACTOR WHERE I DEPOSITED THIS AMOUNT WHICH PROCESS I FLOW TO FULL FILL ALL THE MANDATORY
what is the Difference between Compound Sales and Deemed Sales?
What is c.s.t slab on furniture & fixture ?
Who are non resident?
type of sale and purchase tax?
What is meant by Cost of Improvement?
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
explain the special provisions for computing profit and gains of retail business
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
how to calculate service tax on tds