What is the Difference Between Sales Tax and VAT ?
Answer Posted / chander shekhar
VAT IS MODIFIED VERSION OF SALE TAX UNDER STATE GOVT
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
What is a comprehensive income?
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
how to calculate vat,pf,esi,service tax in corporate firm
What is the Project Accounting in case of Real Estate or Construction Co`s ?
Compare financial accounting and cost accounting.
What is "deposit in transit"?
What are accounting rules called?
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.
Tell me what is public accounting?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
Tell me in accounting, how do you define premises?
What is difference between Cash Flow and fund flow
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...