Answer Posted / kalpana dudhate
M Vat calculate On Billing basis
sales bill is vat is called out put of vat
purchase bill,expense bill,assets bill vat is called input
of vat
vat = out put - (less) input
balance amt is vat payable
note: assets vat is only take input take on 3% set off
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
EXPAND_________SEC
Expand------------STRA
Do you need an income statement if you do part time contract work at home?
how to check which item is sold by the sundry debtors in tally?
What was use of tally erp 9? Types of vat?
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
define accounting,scope of account , types of account ?
Expand SOIT
What type of questions in accouting point of respect they ask genrally plz help me find out this.
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Straight line method to using Indian company names
1. Fdr mature with interest
Expand---------OTMD
