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What do you mean by Commercial Tax?

Answer Posted / guest

Commercial Tax is an imposition of Tax on the scheduled
Commercial goods as indirectly collected by the seller or
purchaser against his business transaction which now
comprises of Sales Tax, Entertainment, Luxury Tax, Entry
Tax and profession Tax.

Is This Answer Correct ?    73 Yes 17 No



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Please Help Members By Posting Answers For Below Questions

Type of form use in sales Tax

1967


cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.

2141


What is meant by Cost of Improvement?

2107


What is the date of depositing entry tax and submission of return?

2432


WHAT IS TAXATION?

2398


as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com

2101


if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

2067


'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.

2387


Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?

2291


we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?

3870


What are the excise duties in our state?

2558


CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D regarding amortisation of such expenses........not included in the list are expenses like administrative expenses,consultancy fees etc...if these expenses are of revenue nature then well and good enough, problem taken care of.If it is not of revenue nature nor is it included in the list, how do u treat such expenses. Do u capitalise them by way of fixed assets or sunk costs or what do u do? any case laws that talk about expenses not mentioned in the section?

2429


what is rules of taxation

2175


From Karnataka,while sending material out, which are all the states required Form 38?

2181


What do you mean by vat, vat registration total cost hydra bad in which places

2070