What is the difference between SALES TAX and VAT?,When we'll
pay VAT?,and when we'll pay VAT?

Answer Posted / binodram813

Sale Tax means CST + VAT, VAT is local sale tax whereas CST
is central sale tax.

When ITC (Input Tax) is less than Sale Tax we have to pay Tax.

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

1741


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

1784


i am new to this tax system if you don't mine "please help me"

1509


WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?

2187


i want about TDS full details with Limit,Rate and Entry in Tally ?

1898






whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2501


I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

1585


over all details about tax what is mean by headge fund and detail explanation?

1772


What do u mean by sales tax and who are sales tax practitioner ?

1898


due date for issue of C form, if c form is not issue what will be the consequences

3332


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

1686


i wanna p.y tax assistant exam question paper Please send this as earlier as.

1639


WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

1375


Tell about dvat and dvat rate

2732


how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

1674