Interested to Buy Any Domain ? << Click Here >> for more details...
what is vat?
what is excise?
what is form c & d in sales tax?
- 43 Answers
- 208803 Views
- Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS, I also Faced
- E-Mail Answers
Answer Posted / chakradhara mandal
VAT (value added tax)means difference between selling price
and purchase price. Basically, VAT is multi-point tax, with
provision for granting set off credit of the tax paid at
the earlier stage.this process continues till goods are
finally consumed. Hence, VAT is termed as consumption type
tax. Generally It is aplicable for within a state.
(N.B:- Generally any tax is related to selling price of
product.)
EXCISE - While Excise is the tax, it is imposed by
manufacturer on manufacturing goods and manufacturer
recover its at the time sale the manufacturing goods.
Form "C" - Form "C" is a declaration form under CST act.
This form used for rabbet on sales tax. If a registered
dealer sale to another registered dealer and goods moved
from one state to another state.This sale inter sate sale
under CST act,at that time we will used form “C”.
Form "D" - Form "D" is a certificate under CST act. If
government purchase goods from a registered dealer at the
time government issued form “D” to seller. (For saving tax)
(N.B:- Form “D” is cannot be issued in case of sale to
government on 1-4-2007)
| Is This Answer Correct ? | 19 Yes | 8 No |
Post New Answer View All Answers
calculation of Tds on subcontractor
What is CAARO?
in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
can we purchase software agaist Form under In the telecommunications network; or
whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
who will able to deduct the tds
What will be the planned expenditure in the budget 2009-10
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
What is the difference between Indian and us taxation
what is D-1, D-2, Vat-C4,
