How now about sales tax and purchase tax.what is the
persentage of those thing in tamil nadu.



How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu. ..

Answer / Sachin Mishra

In Tamil Nadu, India, the Sales Tax has been replaced by Value Added Tax (VAT) at a rate ranging from 5% to 14%. Purchase Tax does not exist in Tamil Nadu as it was abolished in India several years ago and replaced by VAT.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

how to see monthly entries in tally7.2

4 Answers  


what are the suggestions to control NPA in rural areas?

1 Answers   State Bank Of India SBI,


What is the Formula For Return on Working Capital

1 Answers   SVI,


Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

1 Answers   IBM,


Why profit is a liability and loss is an assets

20 Answers   Banesco Seguros, FactSet Systems, IIM, South Indian Bank,


Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same

4 Answers  


Short answer on____________Assessment Year

1 Answers  


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

1 Answers   L&T,


What Question ask in MARKIT Company?

1 Answers  


why profits are shown as liability and loss as asset in balance sheet?

5 Answers  


what is the meaning of prepaid insurance and outstanding salary? please explain with example.

2 Answers  


Define bank Cheque

2 Answers  


Categories