what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
- 197573 Views
- Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS, I also Faced
- E-Mail Answers
Answer Posted / pappu
VAT is a multi-stage tax levied at each stage of the value
addition chain, with a provision
to allow input tax credit (ITC) on tax paid at an earlier
stage, which can be appropriated
against the VAT liability on subsequent sale.
VAT is intended to tax every stage of sale where some value
is added to raw materials,
but taxpayers will receive credit for tax already paid on
procurement stages. Thus, VAT
will be without the problem of double taxation as prevalent
in the present tax laws.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?
What is Form 12A & Form-H and where is applicable.
Define previous year.
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
is there any specific percentage related to lower tax deduction under tds
How to adjustment of CST ? and also tell me about C-Form affairs ?
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
I DED TDS ON SALARY AND CONTRACTOR WHERE I DEPOSITED THIS AMOUNT WHICH PROCESS I FLOW TO FULL FILL ALL THE MANDATORY
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
how to calculate vat, st, cst, excise duty, customs duty, tds.
what is the significance of business taxation in private company?
how to finalaze the balence process using tally
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
