Interested to Buy Any Domain ? << Click Here >> for more details...
when i worked finalisation of a firm during 2006-07under
kerala vat act in 23-9-06 there is a advancesales tax
RS 2170 paid by firm and inthe same month vatpayable is
rS.5201 the advance tax is deducted from vatpayable that is
5201-2170=3031 is the vat payable during the month. what
are the entries passed in computerised accounting during
finalisation in this case please explain
- 1 Answers
- 3313 Views
- I also Faced
- E-Mail Answers
Answer Posted / purshotam rana
vadvance tax
credit rs 2170 to advance tax
debit rs 2170 to vat payable a/c
balance rs.3031 is payable in books
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the difference between fund flow vs. Cash flow?
What is form c & d in sales tax?
While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
which items should be covered the Entry Tax by HP Govt instead of Purchased
How treat TDS & TCS in manual or Tally 9 softwere ?
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.
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.
From Karnataka,while sending material out, which are all the states required Form 38?
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
Explain the Calculation of Sales Tax?
SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A
what is procedure to get c form? what is procees to get vat /tin no
