Interested to Buy Any Domain ? << Click Here >> for more details...
what is mean by vat (value add tax) what is that value, is
it gross amount of purchase/sales, or it net of amount of
pur/sales - on which it will calculated, i need with example
- 3 Answers
- 6306 Views
- I also Faced
- E-Mail Answers
Answer Posted / guest
VAT is the tax charged on the net amount of sales.
The net amount includes:
1. Cost.
2. Less: Tax paid the a credit of which is taken
3. Margin / Profit.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
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.
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
How tax deduction at source is deducted
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
How will you calculate house rent allowance (hra)?
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?
Need of Bank Reconciliation to a company
which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
What is the difference between excise & service tax?
what is the full rate of cst/vat of building material ?
My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.
Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.
