I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat)
I have a HMS software, where we have interface to tally erp.
When we import the transactions to Tally from HMS (Hospital Management
System)
All the purchases what we do for a period, the tax paid on these purchase
are showing as out going vat.
Similarly when we do the sales of those purchased items through HMS, tax
collected from customer is showing as incoming vat.
Is these are correct terms what they had mentioned in HMS?
Please help me out.
No Answer is Posted For this Question
Be the First to Post Answer
what is full rate fo tax for non submission of C forms
procedure of service tax
what is 'c' form and form 'H' and why these form used in a company. pl tell me
How many types of vat categoryplease tell me all type of vat categories..............
HOW A PARTNERSHIP FIRM CALCULATE TAX ON INCOME
how to make entry vat computation/vat payable refundable in tally 9?
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
Rent is 50000 and service tax is 6180 what is the tds amount?
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
what is the exact excise duty with cess in Banglore.
How a dealer shall be registered under O.S.T. & C.S.T. Act?
Tell about dvat and dvat rate