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Deemed sales are those which are not really "sales" but have been deemed as sales. For instance, leasing and hire purchase transaction, works contract, transfer of right to use goods are instances of deemed sales that are taxed under the Sales Tax Act.
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∙ 11y ago
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Do you charge taxes on your internet sales?
Only in your home state or in any state in which you are deemed to be "doing business', such as where you own a warehouse for fulfilling sales.
Do you pay the sales tax rate for the county where you live or based on the rate for the county where the retailer is located?
Where the transaction is deemed to occur. If at a store, there. If by mail, where it is received (generally).
Is sales commission an expense or cost of sales?
Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
How do you calculate net credit sales?
Total sales - cash sales - sales return
How do calculate net sales?
Net sales = Total sales - sales returns and discounts
What is the category of Sales against CT-1 Physical Export or Deemed Export?
it is threw merchant exporter who exporting it.......for us it is deemed export
Do you charge taxes on your internet sales?
Only in your home state or in any state in which you are deemed to be "doing business', such as where you own a warehouse for fulfilling sales.
Do you pay the sales tax rate for the county where you live or based on the rate for the county where the retailer is located?
Where the transaction is deemed to occur. If at a store, there. If by mail, where it is received (generally).
What are three sentences for the word deemed?
I deemed it unsafe to proceed.The test was deemed inaccurate. He was twice deemed to be at risk to himself or others.
What is the meaning of deemed income?
deemed income
What does deemed submitted mean?
deemed to be submitted to the client
Deemed in a sentence?
She deemed her class was the loudest at the peripherally
Is prist university a deemed university?
Prist became deemed to be university in the year 2007.
What is the antonym of the word deemed?
http://thesaurus.reference.com/browse/deemed
When did advertising start?
Advertising began with the Egyptians when they used papyrus to do wall posters and make sales messages. The modern advertising is credited to Thomas J. Barratt who deemed the name "the father of modern advertising".
Is lovely is deemed university?
No LPU is not a deemed university .LPU is self-financed state University recognized by UGC which is above the status of deemed university
What does deemed responsible mean?
if someone is deemed responsible it means that people think that he/she is responsible
