1. How many types of vat?
2. What is the sales tax purpose?
Answers were Sorted based on User's Feedback
Answer / santhosh
Input VAT and Output VAT are two types
Input VAT is on purchases within the states
output VAT is on Sales to register dealor
VAT Rate is differ in both the cases
and which is based on product
u can read 6 VAT schedules in the Net and came to knw what is the vat rate on different goods
Audit is mandatory if turnover crossed 1 crore
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Answer / nagendra
i am nagendra searching job please tell me vat cst interview question examples
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Answer / vinod kumar
The India Is a four type of VAT :-
1:-1%
2:-4%
3:-4.5%
4:-12.50%
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Answer / abhishek kumar
V A T - The value aded tex is indirect tex replaced in ples of sales tex it is yusd to didoct by salect government
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Answer / mala e
There are five type vat there are:
1.vat at 0%
2.vat at 1%
3.vat at 5%
4.vat at 13.5%
5.vat at 20%
| Is This Answer Correct ? | 5 Yes | 7 No |
Answer / kiran
VAT IS TWO TYPE INPUT & OUTPUT BUT IN INDUSTRY VAT IS 3 TYPE
AGINST D1 4 % aND 12.5% OR WITHOUT D15% VAT
| Is This Answer Correct ? | 2 Yes | 6 No |
Answer / jaydeep rawat
1. 1% - FOR GOLD, DIAMOND
2. 4.5% - FOR RAW MATERIAL, STATIONERY, MEDICINE ETC.
3. 13.5% - FOR ELECTRONICS ITEMS, LUXURY GOODS ETC.
4. 20% - LIQUOR
5. 22% - DIESEL
6. 24% - PETROL
| Is This Answer Correct ? | 0 Yes | 5 No |
can i take input tax credit on inter state purchase? reply breifly.
When we (Company) deduct surcharge of Contractor (above 10 Lakhs Individual, 1 Crore in case of Company) Pl confirm the meaning of 10 lakhs and 1 Crore. Either it means payment made to the contractor in a year by a company or one & more company (Aggreg. Income). Pl explan in detail.
the amount of tds is remain same shall will be deducted by deductor or deductee
can we deposit UPVAT & Central Sale Tax through Net Banking from HDFC or YES Bank
It means we have to pay all amount of TDS of 6 months in next month.... m i correct?
how to pass entry for VAT return adjustment entry?
What Is The Chart Rate For Deduction Of TDS On Salary
3 Answers ADS, Petrochemicals, Real Estate,
How Many Category of VAT in West Bengal
0 Answers Jyotsna Enterprises,
I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.
When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Vat Amount" ? please answer with relevant provision
What is Cost of Acquisition?
What diffrance between TDS & TCS.