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Former Member
Feb 15, 2011 at 02:35 AM

value added to vendor/customer

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Dear,

May I know taxes like cst, lst, educational cess they are part of the value added amount to customer or vendor?

Assumming they are liable at purchases.

ed cess 1%

lst 2 %

input tax 10%

tax base amount 1000

during miro,

claimable or non claimable, vendor to be credited 1130?

Thanks