1. Categories >> Accounting >> Taxation
  2. Suggest New Category

exp: bricks 4000*5% =200 is input it can be add GP @ 10%.

So it cane be 200*10% = 220 output

Then 220-200 = we pay only 20.

It is correct or not

Regards
G.Kamal

Question Posted / kamalakannangkk


exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output T..

Answer / prashant

yes it is correct.

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Taxation Interview Questions

What are the streamlined sales and use tax agreement?

1 Answers  

What is the FORM F ? And when we are going to use it ?

6 Answers  

can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

1 Answers  

How to calculate TDS on rent when rent is added with service tax?

2 Answers   INDUS,

What is the SEZ formalties in cement Industry?

1 Answers   UltraTech,

How to working service tax in excel sheet?

1 Answers   Europack,

Which form we use at the time of retun filling(quqrterly) in the case of state haryana.Tell me in breief and plz tell me about the use of Challan 'C'.

1 Answers   Benlon,

F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?

1 Answers  

should we can take modvat benefit any time or they have some limit time to take input benefit claim?

1 Answers  

What is income tax? How is it calculated?

1 Answers  

what is TCS? and why it is collect by Government?

0 Answers  

whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods

1 Answers  

For more Taxation Interview Questions Click Here
Categories