how many type of tax form used for sales tax, vat,service
tax, excise duty & other tax ? what is the theory of all
type of taxes applied in india ?

Answers were Sorted based on User's Feedback



how many type of tax form used for sales tax, vat,service tax, excise duty & other tax ? what ..

Answer / vinod

two type of taxes direct and indirect

Is This Answer Correct ?    56 Yes 10 No

how many type of tax form used for sales tax, vat,service tax, excise duty & other tax ? what ..

Answer / megha nigam

Vat is chrge from two type:Input and Output Dealer two type
regiterd and unregisterd (Register dealer is two type 1-
Compsite dealer 2- Regular dealer)above of 500000 It can be
registerd of Vat and Les than of 500000 It can't registerd.
TIN No. issue of Registerd dealer .
Servece Tax: When Our turn over is 900000 Ican registerd of
S.T.R than Our Gross Turnover 1000000 then oliability to
pay the S.T.P.

Is This Answer Correct ?    26 Yes 7 No

Post New Answer

More Taxation Interview Questions

how can i(accoutant) file tds,vat,service tax,salestax,business it returns?

2 Answers   Biotavia, GMG, Hot Brands,


Which form we use for depositing CST

5 Answers  


the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.

1 Answers  


what is tax deduction on monthly salary

1 Answers   Genpact, Manufacturing, MNC,


What is Sec 10A under Income Tax.

1 Answers  


Define previous year.

1 Answers  


IF the turnover of assessee is below Rs 50 lacs but profit declared is less than 5% of turnover . IS he subject to tax audit?

3 Answers  


Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1 Answers  


1. How many types of vat? 2. What is the sales tax purpose?

31 Answers   Berger Paints, Infosys, IVRCL, Mannu, ZTC,


WHAT ARE THE TYPES OF TAXATION?

4 Answers   IBM,


taxes leivied on carpentar & plumbing services

1 Answers  


Exaplaine about RITC & how it calculated?

1 Answers  


Categories