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Difference between GST and VAT?

 
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Difference between GST and VAT?
LapTop
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#5
07-09-2010, 01:55 AM
Daykhayn, GST bazat khud VAT hay, pochny wali paat ye hay k jab ye dono ik hi han to GST ka naam VAT rakhny say farak kya pary ga,

(1) Is wakt GST k total 17 Procedure han 1 normal procedure ya vate mode bol sakty han isy, 1 special procedure for withholdings, or 15 special procedure han mukhtalif.

VAT k aany say bas 1 hi procedure ho jaye ga.

(2) Abhi services par FED VAT mod may laga kar wasol kiya jata hay kyon k agar sales tax lagaya jaye ga to suboon ko dayna pary ga kyon k services par sales tax suboo ka hak hay,

VAT goods par bhi lagy a or services par bhi.

(3) Sales tax k mukhtalif rate han , or mukhtalif special procedures may 25% tax sales tax dayna parta hay.

VAT may fixed rate ho ga 15%

(4) Sales tax may agar aap ko koi item exempt karwana ho to FBR ko khila pila k ap aasani say kar sakty ha nisi wja say bohat sary items exempt han Sales tax may.

VAT may aysa nahi ho ga, sirf bunyadi items exempt han or is k baad
agar koi item exempt karna ho ga to FBR ko us k liye national assembly say bill bas karwana pary ga tab ja k koi item exempt ho saky ga.

(5) Abhi sirf kuch log sales tax may rejisterd hayn jo sales taxable supplies ya services dayty han.

VAT may takriban har shaks hi registerd ho jaye ga.
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Messages In This Thread
Difference between GST and VAT? - by umar355 - 06-02-2010, 02:08 AM
[No subject] - by Sultan Naeem - 06-02-2010, 07:47 PM
[No subject] - by zaibkapoor - 06-08-2010, 06:16 PM
[No subject] - by zeeshan687 - 07-08-2010, 03:06 AM
[No subject] - by LapTop - 07-09-2010, 01:55 AM

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