i want to know the details regarding the sales tax.What are the procedures for filing the returns??What are the important points to be considered in sales tax.Please provide all the required details regarding the sales tax.
Generally method for filling S.Tax / Vat return is Calculate VAT Output and deduct VAT Input = Remaining pay Tax ( as per time prescribed) i.e monthly, quartely, half yearly.
In return show full details
Sales by-frication and Tax Purchase by-frication and Tax Tax free sale and purchase, Intra state and interstate both. Show Tax summary and calculation attached related annexures (for details of Sales and Purchses)
as u know that sale tax return file in various forms prescribed in rules in all states as the case may be. These forms vary in state to state. U should give details of purchase from registered as well as unregistered dealers and input credit received in sale tax return form. as like purchase details of sale and sale tax collected should be given in prescribed form. if ITC is greater then tax collected than it should be carried forward to next subsequent month or if collected tax is greater then ITC than difference amount should be paid.
I want to know the details regarding the sales tax,Income tax and Vat.What are the procedures for filing the returns??What are the important points to be considered in sales tax,Income tax and Vat,please provide all the required details regarding the sales tax,Income tax and Vat.
Thanks in advance.