Interested to Buy Any Domain ? << Click Here >> for more details...
what is the diffrence between tds and vat?
- 16 Answers
- 54870 Views
- Accenture, GMR, Tata Lockheed Martin Aerostructures, I also Faced
- E-Mail Answers
Answer Posted / swatinerkar
TDS is a direct tax & VAT is a indirect tax.
DS is any amount paid by way of
salary,fees,commission,Rent,interest,etc is taxed at the
time of payment by the sourceThis is referred as tax
deducted at source.
VAT is the tax levied to the material in the process of
making the final good or product.Sine tax is levied only on
the value added to the product and not on the whole
material. It is referred to as Value Added tax.
TDS is a direct tax,whereas VAT is an indirect tax.
Some goods are exempted to VAT but there is no exemption to
TDS
| Is This Answer Correct ? | 11 Yes | 4 No |
Post New Answer View All Answers
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
When and how Wct is applicable on Labour Job Work and what is the percentage?
Define financial year?
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
how to calculate service tax on tds
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
Define deferred tax liability?
how much tds deducate on hotel party arrange by company
how to calculate vat, st, cst, excise duty, customs duty, tds.
i want about TDS full details with Limit,Rate and Entry in Tally ?
Basing on what we can made TDS payment
how we calculate the tds on salary.
