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what is luxury tax?

Answer Posted / guest

It is an imposition of tax on Luxury item such as
cigarettes, Chorus, Cigar and also applicable for five star
hotels providing Luxury facilities.

Is This Answer Correct ?    26 Yes 6 No



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Please Help Members By Posting Answers For Below Questions

how to caluclate the central exicse duty? how to implemting in to tally ERP9?

2054


Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards

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is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax

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How many heads are there under total income? Name them.

1224


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3412


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