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it is a tax based on value added...that is the same as VAT but the addition is that it converges service tax with VAT.
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∙ 13y ago
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What is the Goods and service tax?
It is GST
What is china goods and service tax?
the VAT tax is 17%
What is the difference between service tax and sales tax?
Service Tax is levied by service organisation like hotels whereas sales tax is added to the cost of goods and collected when goods are sold. Both are collected by the Govt.
Is Goods and Service Tax is better for Indian economy?
no
What kind of tax is a sales tax?
It is an indirect tax.It is a tax levied on the sale of goods and merchandise. In many countries tax on sale of goods and tax on services is integrated into one tax called GST or Goods and Services Tax
Which kind of tax is paid when purchasing consumer goods and services?
sales tax
A charge on imported goods is known as what kind of tax?
tariff
Who is liable to pay Service Tax to the government?
In all cases except two, the provider of Service is responsible for paying the Service Tax to the Government. Only in respect of the Goods Transport Agency Service & Service received from abroad, the responsibility to pay the tax is on service receiver.
If you know service tax category is under packing moving service?
Yes, there is service tax category that is under the packing moving service. The packing moving service refers to the loading, unloading, and unpacking of certain goods.
What is the difference between goods ans service contract?
A contract for goods is about purchasing tangible items, such as apples. A contract for a services is about contracting for a service to be completed, such as tax preparation.
Is there any kind of tax software for business?
TurboTax has an excellent Business specialized tax service that has step by step instructions for users. Payroll Tax Service also has a business tax service that is easy to use.
Is boycot a tax on important goods?
No. There is no such thing as a tax on important goods. Imported goods, yes.Anyway, a boycott is a kind of consumer's strike, where the consumer refuses to buy a product or service or deal with a particular person in protest of something. E.g. it is discovered that a certain clothing manufacturer was dealing with Indochinese sweatshops which employed girls as young as five years old. Outraged consumers organized a boycott of that manufacturer's goods.
