This book is useful for those students who are appearing in CS Executive exam.
ABOUT INDIRECT TAX
Govt. earns in 2 way first by levy tax on income and the other by levying tax on expenditures. It simple means whatever we spend and whatever we earn tax is levied on it. Tax on income is income tax. Tax on expenditure is indirect tax.
When you go for shopping tax is levied on sale price which is indirect tax. A shopkeeper computes sale price by adding cost of inputs plus all types of expenditure incurred in running business plus profit margin
Indirect Tax is consumption based taxation. It means that the person who consumes goods or services shall pay tax and that Govt shall collect tax in whose territory this goods or services have been consumed.
ABOUT BOOK
This book is written in your language, the language is simple and lucid. It covers all theory, case laws and practical questions.
This book contains following Act. (Approx 143 pages)
1. Service tax (Approx pages 96)
2. VAT (Approx pages 25)
3. CST (Approx pages 18)
This book is useful for those students who are appearing in CS Executive exam.
ABOUT INDIRECT TAX
Govt. earns in 2 way first by levy tax on income and the other by levying tax on expenditures. It simple means whatever we spend and whatever we earn tax is levied on it. Tax on income is income tax. Tax on expenditure is indirect tax.
When you go for shopping tax is levied on sale price which is indirect tax. A shopkeeper computes sale price by adding cost of inputs plus all types of expenditure incurred in running business plus profit margin
Indirect Tax is consumption based taxation. It means that the person who consumes goods or services shall pay tax and that Govt shall collect tax in whose territory this goods or services have been consumed.
ABOUT BOOK
This book is written in your language, the language is simple and lucid. It covers all theory, case laws and practical questions.
This book contains following Act. (Approx 143 pages)
1. Service tax (Approx pages 96)
2. VAT (Approx pages 25)
3. CST (Approx pages 18)
This book is useful for those students who are appearing in CS Executive exam.
