Excise & entry tax information
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2012
plz can anybody tall me what is the excise & entry tax & how i Handel its in account
like rate of %,entry, calculation & many more information
like rate of %,entry, calculation & many more information
14 August 2012
DEAR,
BOTH ARE VERY SENSITIVE AREA,
EXCISE : CALCULATE YOUR PAYABLE LIABILITIES WHATS HAVE TO PAY ON SALE .
AND CALCULATE YOUR CENVAT INPUT CREDIT WHAT YOU PAY OR TO PAY ON PURCHASE .
LESS INPUT FROM PAYABLE REST YOU HAVE TO PAY VIA CHALLAN .
YOUR RETURN SHOULD BE SUBMITTED WITH DEPARTMENT ON MONTHLY OR QUERTERLY BASIS. REGARDING RETURN DISCUSS WITH YOUR CONSULTANTS .
ENTERY TAX : ENTRY TAX RATE IS VARY VIA STATE VISE. AND ENTERY TAX SET OFF COULD BE TAKEN AGST SALES TAX .
IT WILL BE CALCULATED ON SALE VALE @8% OR 12% OR 4% .
HOPE BY THE ABOVE SAID YOUR BASIC CONCEPT HAS BEEN BEING CLEARED.
IF YOU NEED ANY FURTHER INFORMATION FREELY ASK QUESTION ON SAME.
BOTH ARE VERY SENSITIVE AREA,
EXCISE : CALCULATE YOUR PAYABLE LIABILITIES WHATS HAVE TO PAY ON SALE .
AND CALCULATE YOUR CENVAT INPUT CREDIT WHAT YOU PAY OR TO PAY ON PURCHASE .
LESS INPUT FROM PAYABLE REST YOU HAVE TO PAY VIA CHALLAN .
YOUR RETURN SHOULD BE SUBMITTED WITH DEPARTMENT ON MONTHLY OR QUERTERLY BASIS. REGARDING RETURN DISCUSS WITH YOUR CONSULTANTS .
ENTERY TAX : ENTRY TAX RATE IS VARY VIA STATE VISE. AND ENTERY TAX SET OFF COULD BE TAKEN AGST SALES TAX .
IT WILL BE CALCULATED ON SALE VALE @8% OR 12% OR 4% .
HOPE BY THE ABOVE SAID YOUR BASIC CONCEPT HAS BEEN BEING CLEARED.
IF YOU NEED ANY FURTHER INFORMATION FREELY ASK QUESTION ON SAME.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
