Tell me the meaning of VAT (TDS) When it will be applicable?
& rate of VAT TDS
- 6 Answers
- 38865 Views
- Gherzi Eastern, HCL, I also Faced
- E-Mail Answers
Answer Posted / anchit saxena
VAT- value added tax is a system of indirect taxation. it is
the tax paid by the producers, retailers or any other dealer
who add value to the goods and that is ultimately passed on
to the consumer.
TDS- tax collection at source is one of the mode of
collection of income tax. while certain kinds of payment the
payer deducts income tax from the payee and deposit with
income tax authority.
| Is This Answer Correct ? | 5 Yes | 24 No |
Post New Answer View All Answers
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
What are the deductions under salary head? Name the items.
What is RITC under UP VAT. and How it is calculated.
How tax deduction at source is deducted
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
How to reconcile a Vendor who is a supplier as well as a Contractor?
How to reconcilation of modvat
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
taxes leivied on carpentar & plumbing services
Provision for Service tax, Income tax and Sales tax
If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.
Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V
