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1. How many types of vat?
2. What is the sales tax purpose?
- 31 Answers
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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
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nagendra
i am nagendra searching job please tell me vat cst interview question examples
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vinod kumar
The India Is a four type of VAT :-
1:-1%
2:-4%
3:-4.5%
4:-12.50%
| Is This Answer Correct ? | 0 Yes | 0 No |
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
| Is This Answer Correct ? | 0 Yes | 0 No |
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 |
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Audit 
