updated rates of sales tax & VAT in Maharashtra


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Dear sir, Please explain, Suppose I am not adjusted entire year the Input Tax Credit for sales tax related. Sales tax authority will return back the ITC Amount suppose not claiming not adjusted, it is possible or other wise that amount shall I carry forward next year?

1 Answers  


what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it

0 Answers  


What is the difference between Mortgage, Pledge and Hypothecation? Reply.....

2 Answers   ANZ,


Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.

0 Answers   ABC,


Wether TDS is deducted if its jobwork and VAT is charged on that

1 Answers  






what is Difference between R-1 & R-2 Gurgaon Sale tax Return, write 5 to 10 diff.

1 Answers  


Hi,  Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.

0 Answers   Hinduja,


Ina earth work excavation and filling work , wct is applicable?

1 Answers   AVM Associates,


Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?

1 Answers  


how to calculate service tax on tds

0 Answers   ABC, HCL, Modelama Exports,


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.

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Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.

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