Vat calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 November 2011 Dear Sirs, I want to operate my own trading firm in Gujarat.right now I am using my friend's trading firm.He cut money for VAT transaction.Though I am not a student of account I can not understand maintaining VAT A/c;Book. Can any body Plz.help in calculaton of VAT when goods purchased and then sold by giving example.
Thanks in advance

06 November 2011 it will be done by your accountant and ca who will file your return. only see your trading business. it will be in same cost no extra cost to you.



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