Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

If Sales is Rs 1000 (Inclusive of Vat), Vat Rate - 20%, What
is Vat Payable?

Answer Posted / maqbool ahmed

1000*20/100

166.67 vat payable
833.33 is sales (execulding vat)
the total sales for 833.33 and vat payable 166.67

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

2425


Tell us what do you believe should be an important quality of an account executive?

1041


What is vat adjustment?

1037


why you want to lecturer

2187


bank jobs

2123


Why company issue shares at discount as its a loss ?

3054


Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.

1839


audit under section and penalty under saction scurtiny under saction

2144


which type of questions did HR Manager ask and what are the answers

2111


How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1810


What is the formula for acid test ratio in accounting?

1035


Who created snapit accounting?

1104


What is the treatment of claim settled by insurance company but still receivable in profit and loss account

1224


Explain what is balance sheet?

1081


Tell me in accounting, how do you define premises?

1111