When Selling a goods to a party Excise Duty chargable on
VAT or not.

Answer Posted / sudha

no excise duty is chargeble on total sales not on vat.

Is This Answer Correct ?    32 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are accounting principles

1551


ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return

1525


taxes leivied on carpentar & plumbing services

1267


is WCT applicable one time? and what will be rate of WCT in UP State?

1463


The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

19754






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

2729


Hello Sir, Please send the knowing calculation of attrition rate?

1816


A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.

1489


We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1405


Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.

1272


Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?

1435


WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?

1396


Explain deferred tax asset?

870


treatment of Service tax and TDS

1589


WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT

1726