Answer Posted / ravichandra
VAT means value added tax. it was introduced in
andhrapradesh in the year apr 2005.
In india vat is collected only on goods.
vat is collected on all purchase and sale of goods.
vat is collected on purchase of goods is called input tax.
vat is collected on sale of goods is called out put tax.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
how to calculate stt
what is the frienge benefits tax?what is usefull?
let me know the meaning and Nature of cash
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
interest paid comes under which head
what is pre post expenses
Difference Between Revenue & Capital Expenditure (Give an Example of each )
service tax form no ? What is CC Limit ? What is branch accounts?
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
cany anyone explaing what are the functions of an Account Officer/Manager?
How shall I calculate the true profit of my business, as I am a layman for accounting.