GST
This query is : Resolved
16 December 2016
In what way GST is better than VAT to a dealer?Please explain with a simple example.
16 December 2016
Under VAT the credit of CST is not available. if the dealer hire the service of chartered accountant he charges service tax credit of that is not available. if the dealer purchases the item manufactured from a unit in same state it charges excise duty credit of that is not available now credit of all these will be available which will have effect on cost.
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
- Voluntary gst tax given in DRC FORM 3 US 122 AND US125
- New Time limit for gst assessment for fy 2017-2018,2018-2019,2019-2020,2020-2021
- Query regarding table 17 of GSTR9
- Chemical and Appratus
- Pre-deposit @20%- appeal proceedings
- TDS deduction requirement
- Rebate u/s 87a on STCG / LTCG - New tax regime
- GST Rate on Work Contract By KPTCL
- Is TDS deductible on rent by tenant?
- Regarding Refund against 147 order
- FD SECURITY DEPOSIT REDEMPTION.
- ITC claimed on wrongInvoice
- Table 12 of GSTR9C-FY 2023-24
- Loan by an NBFC Company to another Company with Common Directors
- Query regarding on GST
- Specified Time limit for gst assessment for fy 2017-2018,2018-2019,2019-2020,2020-2021
- 8C of gstr9
- Regarding the Demand Raised in TAN due to inoperative PAN.
- ITC IN AMMENDED INVOICE IN GSTR9 2023-24
- Unclaimed ITC relates to FY2023-24 reclaimed in October-2024 but failed to reverse the same
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
