VAT

1. What is the period for calculate VAT, CST & ET?

2. What is due date for make VAT payment?
3. What is period of submit VAT Return Form 14, CST Return Form 1?
4. What is due date of submit online VAT Return?
5. What is output VAT?
6. What is input VAT?
7. What are the local VAT Rates in WB
8. What are the CST Rate is applicable in WB
9. How you will calculate actual payable VAT?
10.What are the documents required to apply & get VAT Registration
Certificate
11.What are the documents required to open company & continue your
business?
12.Create necessary groups , Ledgers & journal entries for below
A. MN enterprise/ you purchase 100 numbers of Acer Monitor @ Rs.
5200/- from SKD infotech Kolkata with vat extra @ 5%.
B. You had been sold the 98 numbers of Acer monitors @ 5700/- to PP
RKM InfoTech with vat extra as applicable
C. MN Enterprise purchases 25 numbers of keyboards @ Rs. 350/- from
SDF Computer with 30 days credit.
D. MN Enterprise sold 20 numebrs of the tem of keyboard @ 550/- to EDI
by cash.
E. Make Journal entry against full payment received from sundry debtors
RKM Infotech by cheque ( SBI).
F. Make Journal entry for make payment to the sundry creditor / SKD
Infotech.
G. Calculate output VAT, Input VAT & what will the actual VAT payable amt
as on above.
H.