tax payer

  1. A

    LIABILITY TO PAY TAX

    Who is liable to pay tax? The following dealers or persons are liable to pay tax on sale or purchase of goods: • Every dealer registered under any earlier law • Every dealer whose turnover exceeds the prescribed limits • Any mercantile agent, like factor, broker...
    • abhishreshthaa
    • Thread
    • importance of tax liability pay payment of tax tax tax liability tax payer
    • Replies: 1
    • Forum: Accountancy
  2. A

    EXEMPTIONS IN VAT

    EXEMPTIONS:- The schedule does specify certain goods attracting nil rates of tax or exempt goods. Other than those, there is no specific or general exemption, as was the position under the sales tax regime The government may have a power to notify exemptions and appears to be limited. To...
    • abhishreshthaa
    • Thread
    • accountancy exemptions tax exemptions tax payer tax payment vat vat exemptions
    • Replies: 1
    • Forum: Accountancy
Back
Top