Diffence b/w sales tax system & vat ?
This query is : Resolved
25 January 2011
Respected Expert,
How is the method of calculation of determining the tax liability
under the present Sales Tax system different from VAT
method?
How is the method of calculation of determining the tax liability
under the present Sales Tax system different from VAT
method?
25 January 2011
Present sales tax system is no more. The only difference between two is setoff of input credit.
25 January 2011
Thanks sir. Will you please tell me what is Compounded levy scheme?
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