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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Taxation interview questions  Taxation Interview Questions
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Question
what is the rate of VAT in differnt items for example 
metals, wine, garments, foods, electonics, medicine
 Question Submitted By :: Pankaj Rastogi
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, medicine
Answer
# 1
0%
1%
4%
12.5%
 
Is This Answer Correct ?    9 Yes 1 No
Supriya Tukaram Raut
 
  Re: what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, medicine
Answer
# 2
RATES OF VAT APPLICABLE FOR DIFFERENT PRODUCTS
METALS  - 4%
GARMENTS - 4%
FOODS    - 4%
ELECTRONICS - 12.5%
MEDICINE - 12.5%
WINE     - 33.36%
FOLLOWING ARE THE RATES APPLICABLE AS PER BEST OF MY 
KNOWLEDGE IF ANY CHANGES COULD HELP ME DOWN
 
Is This Answer Correct ?    9 Yes 4 No
Ravindra
 
 
 
  Re: what is the rate of VAT in differnt items for example metals, wine, garments, foods, electonics, medicine
Answer
# 3
4%
60%
4%
12.5%
12.5%
4%
 
Is This Answer Correct ?    2 Yes 3 No
Rhutul Thakkar
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
i am peeyush tiwari working in ignou as accounts assistant my salary is 8000/-pm i want to know that how much tds i have to pay and how and my job nature is contractual basis  4
What is the Special provision for computing profits and gains of business of civil construction GET-Engineering-Construction3
What is difference between Gross salay and CTC?  5
What is deffered tax liability?  4
Define Amortization & Impairment? OPI1
How to Calculate FBT  1
How to get refund of Service Tax and it comes under which Department ?  1
What is the Tax Deduction at Source for the year 2008-09 ?  8
what mean of withholdingtax ?  1
what is service tax-meaning,rates for 2008-09,heads,procedure of calculating,all form of service tax,ahen service tax filled.complete information about service tax? Reliance2
Rate of TDS On Contractor for advertisement exp. TCS6
I have issued an invoice to a client in which i have charged service tax but I have not received any amount against that invoice. In this case when is service tax payable.  5
i will get the tax exemption when my company offers medical premium that i will produce medical bills. plz clarify any one.  1
Pass a entry for the Contract receipts of Rs. 20000 after deduction of mobilization adv 30%, TDS 2.244%,Works Contract TDS 2% and retention money @ 10%  5
why is service tax recievable shown as dr balance under liability in b/s  1
what is the difference between CST, VAT, SALES TAX, EXCISE DUTY, CUSTOMS DUTY  2
what is the date of payment of tds of last month (March)& date of filing of last qtr.  1
When will capital gain araises?  2
i have a bank statements for a xyz company, how did start Bank Reconciliation Statement, what is the concept of BRS and what is the steps to follow up the BRS. can u told how to do brs in Excel easily. please solve my question.  2
What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherwise it will be treated?  1
 
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