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...

whether VAT is an asset or liabilities?

Answer Posted / niranjan nayak

It is both an asset and liability.When it is collected from
purchaser it is a lisbility for seller and an asset for
purchaser.

Is This Answer Correct ?    115 Yes 19 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the mean of statutory audit?

1201


what is audit & activities of auditor?

2484


What are documents need to vouch while doing sales vauching?

1469


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

2325


What is audit control procedure?

1328


what are the main tools of auditing?

2684


What are the different advantages and disadvantages of internal audit?

1230


Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

2225


Explain the importance of evaluating an internal audit department?

1070


THIS QUESTION IS RELATED TO PAY ROLLS IF ANY BODY HAS THE FORMULAES IN EXCEL ABOUT PAYROLLS CALUCULATIONS PLS HELP ME OUT

2116


central exices

2322


whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.

2349


central excise all question

2574


Explain how to do an internal audit effectively?

1083


while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?

1878