Answer Posted / amit kumar verma
Sales Tax is the percentage of revenue imposed on the retail
of sales of goods Whereas VAT is a form of indirect tax that
is imposed at different stages of production of goods and
services.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is account reconcillation
Tell us what is your proudest accomplishment?
What is fair value accounting definition?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
What is journal entry for salary paid less deductions (e.g. fines for breaking a company's property)?
Do you know what is balance sheet?
Define trade bills?
is WCT aplicable on educational institutions also??????
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
Please let me know Under head of Sales Advance?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
What do you find most satisfying about this job?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
How do you prepare a balance sheet from a trial balance?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
