what is vat?
what is excise?
what is form c & d in sales tax?
Answer Posted / kathiravan
Form C is issued by the dealer for purchasing goods from
the dealer out side the state in which he resides the
effect can be understood ny looking at following example
IF Mr A Registered Dealer in Hyderabad (AP) wants to
purchase goods from Mr B a registered dealer in Mumbai.Mr
B who is selling the goods will charge VAT @ 4% or 12.5% on
the goods if Mr A issues him "C" Form then Mr B should
Charge him CST @ 2% so Mr A is SAving Tax.
Form D serves the same purpose but it has to be issued by
government
| Is This Answer Correct ? | 56 Yes | 53 No |
Post New Answer View All Answers
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
procedure to get Raw Material free of excise duty under Central Excise Act,
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
due date for issue of C form, if c form is not issue what will be the consequences
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
what is the entry tax explain briefly?
Does the tax liability of an individual get affected due to his residential status? If yes, explain.
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?