what is luxury tax?

Answer Posted / guest

LUXURY IS we spent on which is not as much necessary things
for survival and govt taxes on such things

Is This Answer Correct ?    11 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What items come under deferred tax liability?

649


what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment

6972


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

1601


what is period VAT revised return can be filed?

1220


th point in when will details wil get filled in ER1 2a and 2B?capg

1324






why VAT not charged in deemed sales bill.

1734


Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?

1796


Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

1575


What is the difference between excise & service tax?

604


what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.

1750


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

1498


how to calculate tax for the income earners

1631


what is the method of work contract tax computation

2382


witch taxes are calculate in CENVAT for Gold ornaments ?

1191


do we have tds in nigeria

2600