What is the calculation procedure for tax ??

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sadasiva (Querist)
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27 August 2012 HI Experts,

I would like to know all taxes include in one scenario.

CAN ANY ONE EXPLAIN WHAT IS THE CALCULATION PROCEDURE FOR "EXCISE,VAT" etc..in one scenario?

suppose a company purchasing raw material

it include taxes like "Excese,Service,TDS,vat
how will we calculate???
what will be the accpunting entries??

and

the same scenario for SALES also explain me

THANKS IN ADVANCE
Sadasiva

CA Suresh Jain

CA Suresh Jain (Expert)
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28 August 2012 The question is hypothetical one.Give some examples of the transaction.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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03 August 2025 https://docs.google.com/document/d/1IedUQhzYYODOft7eQXqQZloDjz-g6e9w9xsNJIR1_qA/edit?usp=sharing

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