a business man purchases goods at 12.5% vat... he wants to sel
l the goods to other state then central sales tax will be
applicable@2%.what he can do with the input tax avai
lable?
Answer / tapan kumar roy
HE WILL ADJUST THE OTHE SALES WHICH WILL BE SALES WITHIN SAME STATE.
Is This Answer Correct ? | 0 Yes | 2 No |
Define FBT with example & how it can be calculate ?
what is tax rate in haryan with surchage agst D1 form , C form and full rate of tax in haryana
From Karnataka,while sending material out, which are all the states required Form 38?
what is VAT?
The Book Profit of a firm is 325600/- What is the allowable remuneration to the working partners If it is a business firm If it is Professional Firm and also let me know under what section
i had sold a residential property owned by me and had received proceeds of sales of said property by cheque but at present i am unable to purchase new residential property and the money is lying with me ideal in my bank account can i invest that ideal amount for period till 1 year or upto 1.5 yr till i purchase new residential house. what will be income tax treatment for the ideal amt invested in some else for time being and not purchased a new residential house.
What happen if employer not deduct t.d.s. on salary paid upto December?
2 Answers TATA, Wasankar Wealth Management,
Normally we sale Black Pitch on 2% CST for OMS. Now i am going to make transaction from MH to GUJ with full tax. Pls confirm % for full tax from MH to GUJ
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
PURCHASE OF FIXED ASSETS THAT PURCHASE TO CLAIM THE VAT PAYMENT ?
In the excise bill I have applied basic excise duty only. The excise duty of cess(2%) and Hcess (1%) is not applied. Is this correct???