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Rates and taxes

This query is : Resolved 

09 September 2014 what types of exp we can club under group rates and tax I know only one wealth tax ...pls suggest some exp head whcih we account under rates & taxes

09 September 2014 Dear Jitendra,

Expenses that to be clubbed under 'rates and taxes'

municipal tax, professional tax, entry tax etc.


09 September 2014 You can also include service tax under Rates and Taxes if you are not availing theIinput credit of service tax.


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