what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
- 197431 Views
- Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS, I also Faced
- E-Mail Answers
Answer Posted / mohd abdul qader
Form C is issued by the dealer for purchasing goods from
the dealer out side the state in which he resides the
effect can be understood ny looking at following example
IF Mr A Registered Dealer in Hyderabad (AP) wants to
purchase goods from Mr B a registered dealer in Mumbai.Mr
B who is selling the goods will charge VAT @ 4% or 12.5% on
the goods if Mr A issues him "C" Form then Mr B should
Charge him CST @ 2% so Mr A is SAving Tax.
Form D serves the same purpose but it has to be issued by
government
| Is This Answer Correct ? | 486 Yes | 147 No |
Post New Answer View All Answers
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
where is applicable WCT & what is limitation for applicable it on company.
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
which purchases is profitable for us a building material purchases from direct of contactor ?
What is excise & service tax?
why charges PURCHASE @ 15 % TAX RATE ?
how to creat e-vat return in tally
please provide to us the rules of wct in andhra pradesh (Hyderabad)
What is the difference between Indian and us taxation
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
