Is octroi duty by nature a tax you can pass on to the customer in your
billing? how is it different than VAT?
Answers were Sorted based on User's Feedback
Answer / sunita mudaliar
I think octroi is a cost, not a tax that can be passed on. would like the view
of an expert
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / mohit jain
octroi duty is passed on us by our customer as a charge in
invoices issued by him to us, but vat is totally a type of
duty charged by government on him,he has to pay.
But we charged from our customer on the total bill amount.
so, it is to be said as a type of duty we charged on
our customer, and our customer can get a benifit of it in
his books of a/c
thanx
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shiwani vaishnav singh
Octroi is a tax levied on the entry of goods into a municipality or any other specified jurisdiction for use, consumption or sale. This duty is levied at the time when the goods enter the municipal limits where the goods are to be ultimately sold, used or consumed.
| Is This Answer Correct ? | 0 Yes | 0 No |
wat is 80c Deductions?
How to Calculate Vat?
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
calculation of Tds on subcontractor
we have recd. 2 c form agn. 1 qtr so can we issue 2 e-1 form
how & on which amt tax should be calculate on pvt ltd company or ltd company
what is finalisation of accounts ? what are finalisation of accounts entries ?
how much tax would be deducted and interest can be gained on 15 lakhs by senior citizen?
what is the difference between CST, VAT, SALES TAX, EXCISE DUTY, CUSTOMS DUTY
15 Answers Bhushan Power Steel, Chill Land, ITC Infotech, Valeo Lighting Systems India Private Limited,
What should be the minimum value of Invoice for which outward form 38 is required (seller haryana buyers other states)
on which product vat 14.5% applicable in maharashtra
1 Answers Everlast Composites, Tyvek,
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?