what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY
- 15 Answers
- 164851 Views
- Bhushan Power Steel, Chill Land, ITC Infotech, Valeo Lighting Systems India Private Limited, I also Faced
- E-Mail Answers
Answer Posted / ravi
VAT - vat is a form of sales tax which is collected in different stages of transactions like buying and selling of
goods & services the input tax is rebated against the out put taxis called vat
CENTRAL SALES TAX - central sales tax is of two types intra &inter intra sales means the purchase & sale with in the state,inter state means the purchase &sale between two different states
EXCISE DUTY - Movable & marketable, when the goods are passing the gate of a company excise duty must be paid such goods only permitted to pass out of the gate
SALES TAX - Sales tax was there before and know vat concept
has been come in to force for the welfare of prompt tax payers
CUSTOMS DUTY - Generally customs is levied on all imports &exports
| Is This Answer Correct ? | 22 Yes | 5 No |
Post New Answer View All Answers
How To Calculate Gross Sales for vat return -15
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.
WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS
what are accounting principles
how can I know the status of the service tax filing of my organisation when I don't have any details except St number. I want to know till what date the returns are filed etc as I have recently joined.
Define deferred tax liability? What items come under deferred tax liability?
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
how much tds deducate on hotel party arrange by company
Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.
what is tax avoiding?
if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?
What are the procedures for remitting WCT?
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.
