Answer Posted / vinay kumar kharbanda
Excise duty is the tax on manufacturing activity controlled
by Central Government.Input excise duty & service tax on
input activities are adjustable with duty payable on
manufactured good whether it is marketable or to further
process required.
Vat is the tax on sale which is imposed by State
Government.Input local vat is adjustable with output vat.
Is This Answer Correct ? | 16 Yes | 0 No |
Post New Answer View All Answers
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
What is Labour Cess? Pl. define. & what is rate of Labour cess.
what is WCT rate in chhattisgarh
When and how Wct is applicable on Labour Job Work and what is the percentage?
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?
what is vat adjustmant?
what is service tax? how its count? and why its count?
hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?
I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.