Answer / smitha

Indirect Tax is the tax is collected from customers
indirectly and making payment to Govt by the seller. The
Indirect Tax includes VAT, CST and Excise Duty.

Answer / sindujaramkumar

indirect tax means the tax which has been paid by someone
on the behalf of the assessee (the person who pays the tax)

for eg:when we purchase the goods v pay the value of the
goods which also includes sales tax thus we dont pay the
tax to the IT authorities but on behalf of us the saller
pays the tax.

it includes the following:sales tax,CENVAT.

what is security transaction tax

2 Answers   Wipro,

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One bill of Rs.200000/- for Machinery hire issued by party, but total bill is reversed by me to party. In this matter what is the TDS Deduction entry I can made or not?

4 Answers  

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what is cenvet credit in vat.

0 Answers   Mediocre, Nabard, RBI,

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Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

0 Answers  

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PLEASE ANY BODY TELL WHT IS PRESENT RATES OF TDS AND HOW MANY TAXES ARE THERE PLEASE SEND ME THE ANSWER TO MY EMAIL ADRESS I WAITING FOR UR ANSERS

7 Answers  

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which form will applicable for tds

1 Answers   Matrix,

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I have raised and rendered services in Nepal and received the TDS Certificate in Nepal Currency Can i cliam this TDS in India ? or Nepal /

3 Answers  

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In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

0 Answers  

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What is Rule 52A (Excises Duty)

1 Answers  

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how to make monthly salary sheets.

3 Answers  

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for capitalized goods also buyer has to issue the C Form

2 Answers  

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What is the applicable rate of service tax on work of construction company i.e. real estate developer company plz improve my knowledge about it.

11 Answers   Apex, Real Estate, Traders,

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