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what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
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Answer / atul
vat is value added tax and having two kinds cst (central
sales tax) and local sales tax if we want to purchase some
goods out of our state that is central sales. vat is
calculated on behalf of net tax basis like A is a register
dealer and purchaser also and B is also register dealer and
saler what ever goods A purchase from B he would get input
tax and what ever goods a would sale he would get output
tax difference of both A have to pay
example;- output tax -inputtax
| Is This Answer Correct ? | 77 Yes | 152 No |
Answer / mr. prasad
VAT is Value Added Tax which is charged by seller at the
time of selling the products
| Is This Answer Correct ? | 41 Yes | 135 No |
Answer / crmdms
If A wants to purchase from B then why to do this kich kich.
Just go to " AB " i.e. Amitabh Bachhan and you will get the
solution
Sala 5th Std fail.
| Is This Answer Correct ? | 130 Yes | 557 No |
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I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
what is cst and what is rate of cst in 2010
Audit 
