taxation system

  1. A

    Taxation System In India

    Taxation System In India India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies taxes on income (except tax on agricultural income, which the State Governments can levy), customs duties...
  2. A

    OUTPUT TAX AND INPUT TAX

    OUTPUT TAX It is tax on the sale of goods in the state and payable according to the provisions of the state law. It does not include any tax payable on: • On any sale outside the state; or • On any interstate sale. INPUT TAX Sales tax paid on the purchase of goods...
    • abhishreshthaa
    • Thread
    • accountancy notes accountancy projects income tax input input tax output output tax tax taxation system types of tax
    • Replies: 1
    • Forum: Accountancy
  3. A

    COMPONENT FOR VAT

    Components For VAT. The relevant components are: • Sale price or purchase price. • Turnover of sale or purchase, including taxable turnover. • Output tax or tax on sales. • Purchase tax input tax or tax paid on...
    • abhishreshthaa
    • Thread
    • component component of vat importance of vat taxation in india taxation system vat
    • Replies: 1
    • Forum: Accountancy
Back
Top