Is turnover tax an indirect tax? And it has been abolished on introduction of VAT?
This sudden doubt due to the reason that I have seen one of my clients' client charging TOT in the bill for material supplied to my client.
How is this possible?
Is turnover tax an indirect tax? And it has been abolished on introduction of VAT?
This sudden doubt due to the reason that I have seen one of my clients' client charging TOT in the bill for material supplied to my client.
How is this possible?
| Originally posted by :CA Shilpi Jain | ||
| " | Is turnover tax an indirect tax? And it has been abolished on introduction of VAT? This sudden doubt due to the reason that I have seen one of my clients' client charging TOT in the bill for material supplied to my client. How is this possible? |
" |
| Originally posted by :CA Shilpi Jain | ||
| " | Is turnover tax an indirect tax? And it has been abolished on introduction of VAT? This sudden doubt due to the reason that I have seen one of my clients' client charging TOT in the bill for material supplied to my client. How is this possible? |
" |
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
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