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



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

Answer / 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

More Taxation Interview Questions

My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.

0 Answers  


If service provider is a residence complex developer (having apartment) and he receives amount inclusive of tax than how service tax will be calculated on amount received give some example

1 Answers  


IF the turnover of assessee is below Rs 50 lacs but profit declared is less than 5% of turnover . IS he subject to tax audit?

3 Answers  


What is the due date for payment of service tax?

2 Answers  


if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?

0 Answers  






1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems

0 Answers   Cholamandalam DBS,


Is t.d.s deducted on Freight including Service Tax ?

8 Answers   ABC,


what is cenvet credit in vat.

0 Answers   Mediocre, Nabard, RBI,


how ur caliclate fbt ?

2 Answers   BPO,


can anyone answer,how to calculate TDS for the whole year of a person whose salary is Rs 9000 p.m. so his D.A. has risen up quaterly wise for eg, April - June 63%, july to sept 73% which is upto fourth quater

1 Answers  


wht is the tds-meaning,heads,rates of 2008-09,procedure,all form,when tds is filling?

0 Answers  


If any one provide TDS and Service tax Rates from 2003 to 2010

2 Answers   Essar, Reliance,


Categories