Answer / h.r. sreepada bhagi

VAT - 'Value Added Tax' is the taxes payable on sale of
products(goods) under VAT Act.

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

How to reconcile a Vendor who is a supplier as well as a Contractor?

0 Answers   Private,

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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?

3 Answers  

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what is the rate of tds on interest payment and basic exemption limit for general insurance co.

1 Answers  

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what is perquisite? what do you mean by gratuity?

2 Answers  

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what is the difference between Vat-100 and Vat-120

6 Answers   HCL,

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what is the deffnation of stt ? and how many rate of stt?

2 Answers   ABC, ICAI, Master Marts,

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What is tax?

1 Answers  

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I we take computer and laptop on rent basis the vendor charge 5% vat bill then we should deduct TDS for them @2% or 1%

1 Answers  

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Timings / Months when the advance tax shud be paid For Domestic companies?

2 Answers  

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if i allow to deduct tds to another company from my income, in which situation i can getback from govt. is it possible to get back this tds amount?

2 Answers  

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i m geting gross 12250.m i liable for tds ? if s then how much it will take?

2 Answers   TATA,

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what rate is entry tax is it same for all states

1 Answers  

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