a business man purchases goods at 12.5% vat... he wants to sel
l the goods to other state then central sales tax will be
applicable@2%.what he can do with the input tax avai
lable?
Answer Posted / tapan kumar roy
HE WILL ADJUST THE OTHE SALES WHICH WILL BE SALES WITHIN SAME STATE.
Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
explain the special provisions for computing profit and gains of retail business
how to caluclate the mumbai tax with example? what is mean by credit and debit ?
what is reverse credit & how it is calculated in vat law in west bengal?
How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax
if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?
What qualification require for become a tax consultant ? what the future in this..???
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
Define FBT with example & how it can be calculate ?
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
when charges PURCHASE @ 12 % TAX RATE ?
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?