Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is sales tax



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

Post New Answer

More Audit Interview Questions

what r journal entry transaction

1 Answers   Accenture, HP, OPI Global,


I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??

0 Answers   Deloitte,


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......

1 Answers   Eicher,


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

2 Answers   Real Estate,


What sort of image do you have?

0 Answers   Ernst Young,


I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring

1 Answers  


what will be the entry in tally if some one make a will to some one from his bank?

6 Answers  


Explain the difference between internal audit and statutory audit?

0 Answers  


who is the election commission of india ?

1 Answers   NPI, TATA,


What is the most effective team you have ever been a part of ?

1 Answers   Bharti,


what are the cost audit and management audit?

2 Answers  


How many types of Audit?

21 Answers   KAP,


Categories