What do you mean by Commercial Tax?



What do you mean by Commercial Tax? ..

Answer / guest

Commercial Tax is an imposition of Tax on the scheduled
Commercial goods as indirectly collected by the seller or
purchaser against his business transaction which now
comprises of Sales Tax, Entertainment, Luxury Tax, Entry
Tax and profession Tax.

Is This Answer Correct ?    73 Yes 17 No

Post New Answer

More Taxation Interview Questions

what do you mean by cenvat? and in which is liable?

1 Answers  


what is excise duty? what is excise duty percentage on sales?

3 Answers  


what is service tax

3 Answers   IBM,


Can anybody explain? what's consumeble items?

3 Answers  


what is the difference between FBT and Income Tax.both are interrelated with each other or not?if not then why

1 Answers  


what is document require for vat registration?

4 Answers  


Can anybody explain me entry for TDS receivable with example

5 Answers  


I am running a small business under labour charges. I purchase raw material paying tax. I do not have a tin no. In that case kindly advise How to file IT returns of my company and whether I can claim tax refund.

1 Answers  


How to calculate IT,TDS,ADVANCE TAX,VAT,CST,EXCISE DUTY,PT,ST.ESI.PF?

5 Answers   Alp Consulting, Jaycon, KPMG, Manufacturing, Unique Circle Engineering,


Dear Sir/madam, Is this possible that Service Tax and VAT on a similar item at a time?

1 Answers  


How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?

1 Answers  


What is Form 12A & Form-H and where is applicable.

1 Answers  


Categories