at what percentage of tax is collected for non submission of
'c' form by the commercial tax authorities
Answers were Sorted based on User's Feedback
Answer / chandrasekar
normally higher rate of tax claim by the department.
but payment should be made VAT rate for the particular
product at the state with interest.
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Answer / abhivirthi tax and industrial
Interstate sales against C Forms were liable for taxation at the rate of 3% with effect from 1.4.2007 and at the rate of 2% with effect from 1.6.2008 and the interstate sales without C Forms were liable for taxation at the local Value Added Tax of the concerned state of selling dealer
Rates.
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN, Tax and Industrial Consultant
H-63, Palaami Enclave, New Natham Road,
MADURAI-625014
| Is This Answer Correct ? | 4 Yes | 0 No |
what is the incometax
Pl inform me the details of TDS,VAT,Service Tax & other Statutory Deductions related to individual and companies.
About vat, service tax, tds, cenvat
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
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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?
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is vat applicable on services as well? please describe the services under vat?
what is 'c' form and form 'H' and why these form used in a company. pl tell me
I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL
I want to know that can we get input vat credit against tax invoice/retail invoice/& commercial invoices. Our auditor is saying that only tax invoice is libel for vat input credit. But many parties issue us retail invoice & commercial invoice.
What is Service Tax, what percentage it was deducted in shipping company.