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 / sham

Yes, It is effect on both sides, Assets and Liabilities, If
VAT pay against Purchase it will effect on Assets and
If Collect against Sales it will effect on Liabilities.

Is This Answer Correct ?    30 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can external audit be seen as merely an overhead cost adding no value to the orgnisation

3281


How do you feel u contributed to its effectiveness?

2195


what is the difference you can make by doing your course in the country of your choice

2175


What are documents need to vouch while doing sales vauching?

1408


Who will audit an auditing firm?

1106


I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??

2075


Explain intangible assets?

1246


what is audit & activities of auditor?

2435


What is caro 2004?

1122


accounting & audit system of film production enterprises

2377


How I can evaluate the internal control audit?

1166


how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)

3487


i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.

1711


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

2305


Do you know the different types of audits?

1015