Answer Posted / deepak bendwal

vat is calculate on purchase value
if you have purchase steel of rs. 10000/-
vat rate @ 4% 400/-
total bill amount is ____
10400/-
entry of above material in purchase ledger
xltd.a/c dr. 10400/-
to purchase a/c 10000/-
to input tax 4% 400/-
------- --------
10400/- 10400/-
(being steel purchase @ 4%)

Type of form use in sales Tax

1913

---

How can I Return CST Form-I

1669

---

I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.

2137

---

what is the method of work contract tax computation

2820

---

What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)

2025

---

How is income tax calculated?

1080

---

what is excise return, what is form requirement and what is procedure for excise return?

2175

---

A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?

1986

---

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.

4785

---

What are allowable and dis-allowable expenditure?

1207

---

I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.

2611

---

Please tell me the process of generation of TDS in Tally ERP-9 with an Example

2964

---

how to calculate vat, st, cst, excise duty, customs duty, tds.

1697

---

what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5615

---

what is cenvat credit? plz tell service tax interest rate and watz it procedure...

2312

---