What's the VAT percentage?

Answer Posted / govind sharma

VAT= Value Added Tax
how can we tell you a right % without know Item. it all
depend to item some item like iron & steel comes in 4% head
and some item comes in 5% like plastic material & any item
which is not show right % in curriculum then it will be
12.5% in delhi

Is This Answer Correct ?    5 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1377


What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

1149


What are the most important goals of accounts receivable?

651


Mention what is bank reconciliation?

755


Explain me how much mathematics knowledge is necessary or required in accounting?

602






What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

1846


What is the difference between a provisions and reserves?

604


What are mis reports?

659


hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?

1597


Explain me the basic accounting equation?

629


What was your average accounts receivable days outstanding/days sales outstanding?

681


sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,

1425


Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

1654


how to calculate basic to gross salary

1519


What is an accounting loss?

626