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 is the Difference Between Sales Tax and VAT ?

Answer Posted / vijay panday

sale taxes are two type one central sale tax and an other
local sale tax.but vat is modified version of local sale
tax which is under state Govt.

Is This Answer Correct ?    9 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

2206


What does the word credit mean in terms of accounting?

1139


What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?

8734


how to get a job in stock markets for MBA-FINANCE?

2048


What is the networth percentage observe by banks

2029


My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

2184


Mention what does the investment of personal assets by the owner will do?

1138


We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1784


Capital reserve is - a) real account b) nominal account c) personal account d) none of them

899


Where do we create House banks and what is the process in sap fico

1486


How is the accounting for hire purchase transactions done?

1063


Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

1040


When we paid TDS on commission how will journal entry come

1415


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12418


Tell me which accounting application you prefer most and why?

941