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 vat and sales tex?



what is vat and sales tex? ..

Answer / safayat

VAT means value added tax. It is a tax which is charged on
the added value of a product. It is an indirect tax,
ultimately paid by the consumer. Sales tax is not so. The
difference about sales tax is that it is paid by the seller.

Is This Answer Correct ?    4 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

how to calculate BEP in this problem? Sales Rs.3,00,000 Fixed Exp. Rs. 75,000 Direct Material.Rs.1,00,000 Direct Labour Rs.60,000 Direct exp. RSs.40,000

6 Answers   Facebook,


The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)

4 Answers  


why the debit balane of p&l a/c shows in asset side of balancesheet

6 Answers   Capital IQ,


Can you provide provision for contigent liablites?

3 Answers  


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

0 Answers   ICAI,


what is meant by virus

3 Answers   Sitel,


Which entry we pass self entry like cash withdraw for ourself

0 Answers  


What is enty in Tally of newly capital brought to start business?

18 Answers   Gupta,


Explain about Fixed capital

0 Answers  


What is Technical Analysis?

2 Answers   Airtel,


what is meant by screenlayout in asset accunting

1 Answers  


Expand ________GAAP

2 Answers  


Categories