What is VAt ?
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
VAT - 'Value Added Tax' is the taxes payable on sale of
products(goods) under VAT Act.
Is This Answer Correct ? | 9 Yes | 1 No |
Answer / udit saxena
VAT Full Form Is (Value added Tax) When We Purchase Goods
Than We Paid Vat It Call Him (INPUT VAT) and When Sale of
goods than We Call him (OUT PUT VAT).
EX- Suppose That We Purchase of Goods 100 Rs and We Paid 4
% Input Vat Than We Paid Vat Amount 4 Rs. And This Goods
Sale Him 150 Rs and we Recive Vat Amount 4 % = 150*4/100 =
6 Rs.
Than We Paid Vat To Government 6 -4 = 2 Rs
Is This Answer Correct ? | 6 Yes | 1 No |
when charges PURCHASE @ 1 % TAX RATE ?
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
what is procedure of calculation of TDS by bank?
We have recd. work contract at Karnataka, now i want to know what is the WCT tax structure in Karnataka under regular Method and composition method, Is there Interstate purchase & Branch stock transfer allowed under composition scheme? How to calculate VAT liability under Regular Method and composition method. Which scheme is beneficial for us?
I HAVE TO PAY INCOME TAX PVT LTD CO. COMPANY BOOK PROFIT IS 5,00,000 (including dep.value + provision val of company passed) HOW TO CAL. MAT 15% ON WHICH AMT PLS. HLP ME IN DETAIL
what is the rate of taxes for works contract
certificate of export is for which items?
what is fringe benefit tax
if Advance Tax is diposited by u Rs.200000/- TDS Deposited Rs.100000/- Assesment tax raised by It depart ment Rs.350000/- What will be the Journal entries?
service tax present rate
22 Answers Capital IQ, Shyam Indus Power, STFC,
Is Service Tax chargable by Real Estate devlopers to be charged on the entire cost of the property or only on the service conent of the cost and not on the cost of land and cost of construction material? Can the developers demand Service Tax on installments paid by the buyers before the real sale takes place?
what is H Form