TMI BlogVAT CST ADJUSTMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... Please solve this, how much tax to be payable: Purchase from URD for Rs.5,00,000 Purchase from RD for Rs.1,00,000 Sales against C Form for Rs.10,00,000 Sales VAT 14.5 percent for Rs.1,00, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 000 Exempted Sales for Rs.50,000 Please guide how to calculate ITC and tax payable. - Reply By Pradeep Khatri - The Reply = You would have to pay tax on Rs. 50000/- as these are exempted s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ales and you can avail the Input tax credit on purchase from RD provided purchases from URD is used in manufacturing of finished goods are sold on payment of VAT/CST. - VAT CST ADJUSTMENT - Query Sta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rted By: - Sajid Ahmed Dated:- 14-6-2014 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|