please explain sales tax.
2 Replies
RAJU
(LEARNER)
(1089 Points)
Replied 03 July 2010
OK SIR...
It is a Tax to be paid on Sale of Goods....
Nitin Grover
(CS)
(1228 Points)
Replied 04 July 2010
Dear Inderjeet
Sales Tax is now VAT which is coverd under Indirect Tax.
VAT means a tax payable on goods (covered under goods list) purchased by coustmer and paid tax to seller.
Seller deposit it with VAT Department after taking Cenvat.
Pls ask any thing what you wanna know
Regards
Recent Topics
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
Related Threads
CAclubindia
