Please tell me about TDS, VAT, CST, Service tax with latest
rate?
- 17 Answers
- 58724 Views
- Ambica, Apollo Tyres, DELL, Empire, GI, GSNA, Idea, Indu Projects, Jai Enterprises, JMD Group, KK Bhansali, Marck Biosciences, National Genset Power Corporation, Pharmaceutical, Sangam Group, Satyam, Shipping Corporation of India, Shubham, Tech Mahindra, TVS, Vico, Vijay Industries, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / akki
vat 5% 12.50% CST 2%With "C" Form and Wihout "C" Form 4%
Tds As Per Rate Of Depended Of Condition Type
Service Tax 12.36%
Basic Tax 12.36%
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / sreekanth k
PLZ FINILIZE ORGINAL ANSWER AND SHOW TO EVERYBODY,
OTHERWIZE THIS IS ONE TYPE OF CRIME . WE DO NOT NEED
OPENIONS, WE WAND REAL
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / datta
TDS :-Tax Deducation at Sources there diff rate of provided
service recd from client Professional Fess u/s 194 j 10 %
limit 20,000/-. Int on securites 194A Limit 5000/- 10 %
rent 10% limit 1,80,000/- contractor 2 % & Sub-contractor
1% limit 30,000/- Note no Pan received from client
deducation 20 % i have no idea of vat please any one guide
for VAT S.TAX TAX IS 10.3 % It is new role for any bill
prepared for client payment received or not you have pay
services tax
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sarvendra singh
Latest Tds Rates are under below-
Rent
194I -furniture & plant 2%
194I - building 10%
Exemption Limit- 180000 p.a
Legal & profession
194J 10%
Exemption Limit-30000 p.a
interest on other then securities
194A- 10%
Exemption limit. (10000/-p.a for banking & 5000/- p.a others)
Contractor
194C- 2% Company
194C- 10% Other then company
Exemption Limit- 30000/- per bill & 75000/- p.a
Commission on brokerage
194H- 10%
Exemption limit- 5000/- p.a
VAT RATE
VAT- 1% (Gold, silver & ornament)
VAT- 5% (Necessary item food product etc.)
VAT-12.5% (electronic item like ac, freeze,tv, car, etc.
VAT-20% ( Petrol, Diesel and other petrolieum things etc.)
CST-2% (purchase against c form)
SERVICE TAX
Service tax rate are 12.36% (applicable from 01-04-2012 to
onword)
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shivamma (quasar)
vat-value added tax 4% ,12.5%, 20%
tds-tax deduction source 10%, 20%, 30%
| Is This Answer Correct ? | 7 Yes | 9 No |
Answer / nakul
Tds: Tax Deduction at Source new Tds Rates in Andhrapradesh
contracters indvl 1% firm or company 2%
proffessionls 10%
vat: value added Tax in Ap 4% & 14.5% it's depend on items
cst: central Sales Tax 1%, 2% against form"c" without Cform
4% & 5% & 12.5% it's depends on location
Service Tax: 10.3%
| Is This Answer Correct ? | 0 Yes | 3 No |
Answer / rohit
trade discount service. value at tax.cost service tax
| Is This Answer Correct ? | 83 Yes | 175 No |
HOW TO MAKE BALANCE SHEET OF PROPRIETOR? IF THERE ARE ANY OTHER INVESTMENT OF PROPRIETOR LIKE FLAT,GOLD,SILVER THEN WHAT WILL BE THE CAPITAL OF PROPRITOR IN HIS PERSONAL BALANCE SHEET? WILL THE CAPITAL OF HIS FIRM WILL BE THE CAPITAL OF HIS PERSONAL BALANCE SHEET? FOR EXAMPLE IN HIS FIRM CAPITAL A/C IS 39LAC.BUT IN HIS OTHER INVESTENT(WHICH HAS NOT BEEN SHOWN IN HIS FIRM'S BALANCE SHEET) HE HAS FLAT OF 310000, GOLD OF RS.15LAC AND SILVER OF RS.3LAC THEN WHAT WOULD BE HIS PERSONAL BALANCE SHEET? PLS ANSWER ME.
what is the property tax? plz tell me the information with full details
I have raised and rendered services in Nepal and received the TDS Certificate in Nepal Currency Can i cliam this TDS in India ? or Nepal /
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
what is vat?
What is the date of depositing entry tax and submission of return?
what is the exise limit in granite manufacturing
Explain the procedure to calculate provident fund, esi, vat and sales tax.
Please send me the chart for Input tax restricted goods
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
(I paid TDS through the bank a/c. but i entered wrong TAN no. instead of HYDC04387F I ENTERED HYDCO4378F ,and pl. tell me what can i do and how can i change TAN no.)" in above situvation which i pay the amount credited to our company name then what will i do,file the return or anything to do
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
Audit 
