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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4370)
Question
what is surcharge on vat? is it refundable or not?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
It varies from state to state in India. There may or may not
be Surcharge in a state. Even if Surcharge or Cess is levied
on any basic tax, the rates may vary from state to state and
year on year.

For correct information, refer the VAT Act, in your state or
consult, a Tax Expert/Consultant/Practitioner or contact the
Commercial Taxes Office.

Refund will generally applicable as it's applicable to the
basic tax.
 
Is This Answer Correct ?    7 Yes 2 No
H.r. Sreepada Bhagi
 
Answer
# 2
Surcharge on V. A. T. is 1% Yes it is refundable 
Is This Answer Correct ?    5 Yes 1 No
Kunal Majumdar
 
 
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
difference b/w trading a/c & manufaturing a/c.   3
Where we post the Amalgamation of goodwill   1
instead of clicking backup,i selected restore in tally7.2 and all my data is lost and i also forgot the comapny name,which i wanted to restore?how to recover my data?   1
what is surcharge on which purpose is used please explain wipro 1
How to determine the market value of a company and what factors are relevant to determine if the company is a viable investment in the long term?   1
what is bpo what is kpo   1
If you are a well experienced accounting personal and you apply for a job, what is that you will look in a firm before joining as the market is recession hit. DELL 2
golden ruls of accounting   4
If A car in Name of company got damaged. and total amount of its repairing is 15,000/- and insurance company give me 10,000/- of it. Balance amount we paid through bank or cash .Then What is the entry for this in books.Kindly mention Ledgers with their respective Group Head.   1
what is balance sheet?   3
WHAT IS BANK RECONSILAION STATEMENT?   5
what is upper circuit & what is lower circuit? please guid with an example?   1
 
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