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What is difference btween Form-cForm-D,Form-
h,excise,MODVAT, VAT? How many types of forms available?
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Answer Posted / yogesh jahmb
C FORM-WHEN WE PURCHASE OR SALES OUTSIDE COUNTRY THEN WE SHOULD GIVE OR TAKEN C FORM.
D FORM- WHEN WE PURCHASE IN COUNTRY THEN ISSUE D FORM.
H FORM- WHEN WE EXPORT OUT OF INDIA THEN ISSUE H FORM.
EXCISE- EVERY COMPANY WHO IS MAKING THE PRODUCT THROUGH MACHANISHM SYSTEM ITS CAN SA ITS PART OF EXCISE.
MODVAT- ITS INPUT EXCISE DUTY.(PURCHASE DUTY)
VAT- ITS VALUED ADDED TAX THOSE COMPANY TAKING SALEX TAX NUMBER AND GIVES GOVERNMENT TO VAT.
TYPES OF FORMS-:
1 INCOME TAX FORM
2 SALES TAX FORM
3 SERVICE TAX FORM
4 EXCISE FORM
5 TDS FORM
6 TCS FORM
7 VAT FORM
8 DVAT FORM
| Is This Answer Correct ? | 5 Yes | 11 No |
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