What is difference btween Form-cForm-D,Form-
h,excise,MODVAT, VAT? How many types of forms available?
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Answer Posted / mohan kumar
orm c = for charge the lower tax rate @ 2%
form d= when we purchase the gooods from government submit
form d
form h= when we import the goods from foreign so we submit
the form h.
excise duty = when purchase the goods so we paid the excise
duty on goods 8.24%
modvat = when there is chage in vat so it is called modvat.
vat = when we sell or purchase the goods so we paid or
charge the vat on the goods.
form= income tax forms, excise duty forms, sales tax forms,
servixe tax forms, vat forms, tds/tcs forms, modvat forms
etc.
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Does the tax liability of an individual get affected due to his residential status? If yes, explain.
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
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