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 indirect tax and in that whats include

Answer Posted / sindujaramkumar

indirect tax means the tax which has been paid by someone
on the behalf of the assessee (the person who pays the tax)

for eg:when we purchase the goods v pay the value of the
goods which also includes sales tax thus we dont pay the
tax to the IT authorities but on behalf of us the saller
pays the tax.

it includes the following:sales tax,CENVAT.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

3105


How many heads are there under total income?

1332


we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?

1928


I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.

1927


How to show reject material in ER1

1648


HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.

2146


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1785


what about WCT (Work Contract Tax)

2011


if waybill issued by consignor , then c form issue whose responsibility?

1432


What is Vat and how it is adjustable with input vat and what return form required for DVAT?

2394


what is the full rate of cst/vat of building material ?

2347


we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.

1886


WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

2215


Define deferred tax liability? What items come under deferred tax liability?

1101


DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?

3289