Is octroi duty by nature a tax you can pass on to the customer in your
billing? how is it different than VAT?
- 3 Answers
- 4475 Views
- I also Faced
- E-Mail Answers
Answer Posted / mohit jain
octroi duty is passed on us by our customer as a charge in
invoices issued by him to us, but vat is totally a type of
duty charged by government on him,he has to pay.
But we charged from our customer on the total bill amount.
so, it is to be said as a type of duty we charged on
our customer, and our customer can get a benifit of it in
his books of a/c
thanx
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
if waybill issued by consignor , then c form issue whose responsibility?
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
what is vat adjustmant?
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
How can deduct tds from auction cases (timber)
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
how to pass service tax reverse charge entry pass in books
