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 / snehal

sales tax is collect on direct sale while vat is value
addition on net price. sales tax is tax including in
price,other than vat is addition of net price.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Recent trends in Corporate Governence?

2243


pls let me know double entry of 'LEASING"

2064


what is the relationship between bookkeeping and accounting?

998


Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same

1769


can i material bill book in miro without vat on transport charges ?

2042


Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?

1933


One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2677


Under Accrual Accounting, How Are Worker Comp Premiums Handled?

1087


Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1896


What are the disadvantages of manual accounting?

1037


in terms of accounting the trial balance when is it taken?

1042


what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?

2037


What is consignment cycle.?Explain the steps involved in the Consignmet..?

1549


What is an operative accounts?

1031


Tell us do you have any idea about service tax or excise?

1025