what is sales tax
Answer / mohammed abdul mohisn( hawalda
A sales tax is a consumption tax charged at the point of
purchase for certain goods and services. The tax is usually
set as a percentage by the government charging the tax.
There is usually a list of exemptions. The tax can be
included in the price (tax-inclusive) or added at the point
of sale (tax-exclusive).
Most sales taxes are collected by the seller, who pays the
tax over to the government which charges the tax. The
economic burden of the tax usually falls on the purchaser,
but in some circumstances may fall on the seller. Sales
taxes are commonly charged on sales of goods, but many
sales taxes are also charged on sales of services.
| Is This Answer Correct ? | 11 Yes | 0 No |
what r journal entry transaction
1 Answers Accenture, HP, OPI Global,
I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??
If goods is transferred to other state by f form condition. With some value. Then f form issued form the govt is value will be same as transfer time......
HOUW MANYTYPES OF STOCK MAINTEIN BY STORE KEEPER WE ARE A MANUFACTURING CO WE SEND SOME PARTS TO PARTY FOR JOB WORKS ( EXP ) TILL 31ST MARCH STOCK ARE NOT RETURN TO US. CAN I CALCULATE THIS PARTS FOR STOCK CALCULATION FOR STOCK CERTIFICATE FOR THE PURPOSE OF ANUAL VAT RETUEN FILE IN SALES TAX DEPARTMENT
What sort of image do you have?
I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring
what will be the entry in tally if some one make a will to some one from his bank?
Explain the difference between internal audit and statutory audit?
who is the election commission of india ?
What is the most effective team you have ever been a part of ?
what are the cost audit and management audit?
How many types of Audit?