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ASC Group India is financial consultant in Delhi. It is founded by Alok Agrawal in 1995. ASC help to organization related to tax. We provide consultant to organization in India which maintain your account system. We are work for national and multinational corporate. We provide excellence business advisory for your organization. <br><br>http://www.ascgroup.in/allindiavat.html<br>
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VAT Consultant in Delhi What is VAT? VAT is a value-added-tax and some countries VAT is known as GST (Goods and Service Tax). VAT is calculated by two methods: 1. 2. Credit Invoice or Invoice Based. Subtraction or Account-Base Method. Credit Invoice or Invoice Based Japan is only one country which not uses the credit- invoice method. Using Invoice based method, sales transactions are taxed with the customer informed of the VAT on the transaction.
VAT Consultant in Delhi Subtraction or Account-Base Method Account- Based method used at the end of reporting period. This method is only used by Japan. Employment calculates the value of all taxable sales then subtracts the sum of all taxable purchases and the VAT rate is applied to the difference. The name flat tax is often using by the country Japan.
VAT Consultant in Delhi VAT Registration In India VAT registered businesses can be legal body but India have different rule at which turnover levels registration becomes compulsory. VAT Registration replaced Sales Tax in India. VAT is a multi-stage tax with the provision to allow ITC on tax at an earlier stage. India is large democratic country in world where central and state government have different rule. But VAT is collect by state government of India. Indian government pass a bill related to tax system that is GST. And the aim of prime minister of India Mr. Narendra Modi is one nation, one law. Now days in India tax system is depend on only one. Now no need of industry to provide state government tax. This type of rule helps to grow the country. Now VAT registration in India is easy way for registration.
VAT Consultant in Delhi What is role of ASC Group India? ASC Group India is financial consultant in Delhi. It is founded by Alok Agrawal in 1995. ASC help to organization related to tax. We provide consultant to organization in India which maintain your account system. We are work for national and multinational corporate. We provide excellence business advisory for your organization. Our group work as VAT consultant in India.
VAT Consultant in Delhi For more detail Information you can visit on our website: http://www.ascgroup.in/allindiavat.html