Answer Posted / safayat
VAT means value added tax. It is a tax which is charged on
the added value of a product. It is an indirect tax,
ultimately paid by the consumer. Sales tax is not so. The
difference about sales tax is that it is paid by the seller.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
differnce between the 4.7 & 6.0 versions?
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
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.
What is Trade Recovery Estimate and how can we calculate it?
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
Could u show me the sample TDS Document / Template
what is the use of accounting standards
Is depreciation a expense or income?
What are the Types of invoices batching? & what is 3 way batch?
What is Merger?
what is buy bach shares?
what is differred tax liability? explain in detail with some example.
I want to know with example of vat & Salestax
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school