Answer / aboo

indirect taxes are those which a person does not pay
directly to the government instead the company collect the
tax pays to the government eg.excise duty

Answer / akhilesh dhir

indirect taxes are those taxes which are collected by a co.
from the customer and deposit in the govt. account the
while direct tax pay directly by a person to the govt. like
income tax....
thanx
akhilesh dhir

Answer / ankit shah

TAX ON PROFIT IS CALLED AS DIRECT TAX (INCOME-TAX) AND TAX
ON GOODS AND SERVICES(EXCISE DUTY, SALES-TAX(NOW VAT),
SERVICE TAX ETC. . . ARE CALLED AS INDIRECT TAX

Answer / anchit saxena

a tax, such as service tax, tcs, vat that is levied on
goods or services rather than individuals & is ultimately
paid by consumer in the form of higher prices.

can we accept Rs.20,000/- and more as advance against order from costumer?

3 Answers  

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what is capital account? how to manage it? what is the process?

0 Answers  

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if i have 180000/- salary per annul so how much i have to pay itr. and i havet pay any itr so what is the procedure for minimum salary tax.

3 Answers  

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A cement product which MRP value is Rs. 280. Now how it calculate the Basic Excise on MRP or my Selliing value from factory?

2 Answers   Udapudi Cements,

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Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..

0 Answers  

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if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

0 Answers  

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Hello Durgaprasad Sir, iam received a farmat of credit availed and utilized from Excise and Service tax department, but i have no idia for filling this farmat. can you tell me detail about this or tell me where it available in internet.

1 Answers  

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What is difference between service tax input credit and Cenvat credit? pl expain it.

1 Answers   Videocon,

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HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE

0 Answers   Bharat Seats,

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I have purchase one air ticket from a travel agency. They allow 3000 rupees ticket to me for the total ticket purchase.But they debited staturoty TDS to me. I ask them for the legibility of this, they replaied they had received commission from airlines and airlines catch TDS from them and naturally it comes down to sustomers also. But my doubt is Airlines are allowed commission to Travel Agency and Travel Agency are not shared commission-they allowed discount. So is this TDS is applied for me or not?

2 Answers  

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let me know if a supplier in his invoice he has added Transportation charges & on that he is charging Vat whether vat is admissable on transportation Charges also ? Basic + Excise + Transportation charges = X amount on X amount Vat is chaged whether it is correct ( within State) Purchase. & also let me know what rule is applicable for Outside state ?

3 Answers   HDFC,

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when submitted ER1 by online that time by mistake wrong opening balance selected & returned is submitted .what to do

5 Answers   KEC, pms precision engineers, Proton Power Control,

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