Preview

Good Governance of Vat

Powerful Essays
Open Document
Open Document
7410 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Good Governance of Vat
Title of the Report :

‘’Good governance of VAT system in industrial undertaking and trading houses’’

Course Name Course Code Submitted To

: Taxation : 303 : Hasina Nargis Lecturer, Jagannath University Submission Date : 27-03-2010

Dissertation submitted by (Creative Group) 1. Umme Marzan ,Class Roll: 06671566 2. Md.Imran Hossain ,Class Roll: 06671530 3. Rabia Khatun ,Class Roll: 06671532 4. Md.Nahid Mahamud,Class Roll: 06671704 5. Md.Amirul Islam,Class Roll: 05122245 6. Khandaker Shabbir Ahamed,Class Roll: 06671636

JAGANNATH UNIVERSITY

Letter of Transmittal: Dear Madam, We, the members of Creative group has successfully completed the assignment on “Good governance of VAT system in industrial undertaking and trade houses”. We, request you to accept our assignment and give us your valuable comments if we made any kind of mistake.

Yours’ obediently, _________________________ 1. Umme Marzan(Group Leader) _________________________ 2. Md.Imran Hossain _________________________ 3. Rabia Khatun _________________________ 4. Md.Nahid Mahamud _________________________ 5. Md.Amirul Islam _________________________ 6. Khandaker Shabbir Ahamed

ACKNOWLEDGEMENT

First of all we thanks to almighty Allah for finish this term paper in time. We are indebted to our supervisor, Hasina Nargis, Lecturer of Jagannath University for her valuable suggestions, guidelines and help at different stages of the assignment. Without her support the assignment would have not been finished in time. Our deepest appreciation and thanks must go to our parents for their continuous encouragement, inspiration and support to carry out this assignment and also for their financial and mental support to carry out our study in a good rhythm. We also thankful to all of our friends in Jagannath University and outside the institute who always encourage ours to do the assignment successfully. And special thanks to Mohammad Mostafizur information. Rahman who helped us to collect different



References: 1.http://www.thefreelibrary.com/Leadership+in+Governance+the+VAT+Imple mentation+Model+of+Andhra...-a01073954281 2. http://en.wikipedia.org/wiki/Value_added_tax 3. http://www.whohub.com/drappalayyameesala 4. http://en.wikipedia.org/wiki/File:TaxWithTax.svg 5. ameesala@yahoo.com, Mobile: 0-9848514011 6. Dinodia, Pradeep, August 31, 2005, Workshop on Value Added Tax- Issues and Concerns: Welcome Address of Pradeep Dinodia, New Delhi, Retrieved November 2, 2007 7. Duggal, P.K. 2003, Problems in Implementation of VAT, FICCI, New Delhi, Retrieved October 21, 2007 8. ITDWEB, 2005, Implementation of VAT: Pak 's Experience, Retrieved October 21, 2007 9. ITDWEB, International Tax Dialogue Conference, March 16, 2005, The Value Added Tax: Experiences and Issues, Rome, Retrieved October 19, 2007 10. International Bureau of Fiscal Documentation, 2006, Management of the VAT: Improving the Level of Compliance using Performance Indicators, Asia Pacific Tax Bulletin, Retrieved October 19, 2007 11. State Level VAT, Retrieved October 19, 2007 12. The Empowered Committee of State Finance Ministers, January 17, 2005, A White Paper on State Level Value Added, New Delhi, Retrieved October 19, 2007 13. Wikipedia, 2007, Value Added Tax, Retrieved October 19, 2007 14. Dr.M.Appalayya Meesala, Professor, Deccan School of Management, Nampally, Hyerabad.

You May Also Find These Documents Helpful

  • Better Essays

    First of all, I would like to express my deepest thank you to my Critical Thinking’s lecturers, Mr Harun and Miss Rajam because being the most dedicated in teaching the subject during my whole semester 2. Not to forget, Mr Harun who not hesitated in answering my doubt and helping me with this term paper.…

    • 2149 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Compassion Fatigue

    • 1480 Words
    • 6 Pages

    Orosco, S. (2011). The Effectiveness of Self-care Practices in Combating Compassion Fatigue in a Crisis Intervention Setting. Ohio: Abilene Christian University.…

    • 1480 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Dehkordi, Goodarz Javadian; Rezvani, Samin; Rahman, Muhammad Sabbir; Nahid, Firoozeh Fouladivanda Neda; Jouya, Samaneh Faramarzi. 2012. Conceptual study…

    • 12037 Words
    • 27 Pages
    Good Essays
  • Powerful Essays

    First I would like to thank MS. Nazeefa for delivering such valuable and effective lectures and the continuous support and guidance provided to us till the end of the assignment. Next I would like to thank APIIT for providing me with facilities to carry out this assignment. Finally I would like to thank my group members and friends who helped me in accomplishing this assignment…

    • 2066 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Ceramics: Pottery and Clay

    • 17432 Words
    • 70 Pages

    The Author extends her deepest gratitude to her friends who helped her to do this project, to the teachers for the opportunity to make this Term Paper, to her parents for the financial concern and also to God for the blessings that she receives that leads her to accomplish this project.…

    • 17432 Words
    • 70 Pages
    Powerful Essays
  • Powerful Essays

    Value Added Tax

    • 3070 Words
    • 13 Pages

    VAT is a system in which the tax is collected on the value added to the goods at each stage of sales. The dealer selling the goods collects tax on the full price at which he sells the goods. At the end of a tax period he reduces from the tax so collected by him, the tax which has been charged to by the dealers from whom he purchased goods during the tax period and deposits the balance to the Government treasury. In other words the "value added" to a product by a business is the sale price charged to its customer, minus the cost of materials and other taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs from the sales tax in that, with the latter, the tax is collected and given to the government only once, at the point of purchase by the end consumer. With the VAT, collections, remittances to the government, and credits for taxes already paid occur each time a business in the supply chain purchases products.…

    • 3070 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Burnol Case Study

    • 1250 Words
    • 5 Pages

    Report Submitted by: Group 6 (Section B) Abhiraj Bisht (B12066) Anuj Kasat (B12073) Jatin Mehta (B12085) Nishant Vageriya (B12097) Saugat Thakur (B12110)…

    • 1250 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Bangladesh introduced the Value Added Tax (VAT) in 1991 by replacing the age-old excise duty on the domestically produced goods and services and sales tax at the importation stage. The study of the practice and problems of the VAT in different countries shows that the VAT has been introduced not only because of its revenue raising potentials but also because of its simplicity, effectiveness and efficiency, transparency, equity, and progressiveness all of which complement the establishment of good governance.…

    • 769 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    years, India has finally agreed the launch of its much delayed value added tax from 1st April,…

    • 1958 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    A BRIEF UNDERSTANDING : The system of taxation in India is still now very much primitive. For development of any nation and for civilization imposition of tax within the framework of logical structure is utmost necessary. Revenue raised is utilised for meeting the expenses of government as well as to carry out developmental works. In this context the felicitous version of Justice Holmes is worth–mentioning - “Taxes are what we pay for civilized society. I like to pay taxes. With them I buy civilization”. In India too, attempts are being incessantly made to formulate a simplified and rational tax structure although the effectiveness of such attempts is debatable.…

    • 1760 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Foreword If the Value Added Tax (VAT) is considered to be a major improvement over the pre-existing Central excise duty at the national level and the sales tax system at the State level, then the Goods and Services Tax (GST) will be a further significant breakthrough - the next logical step - towards a comprehensive indirect tax reform in the country. Keeping this overall objective in view, an announcement was made by Shri P. Chidambaram, the then Union Finance Minister in the Central Budget (2007-2008) to the effect that GST would be introduced from April 1, 2010 and that the Empowered Committee of State Finance Ministers, on his request, would work with the Central Government to prepare a road map for introduction of GST in India. After this announcement, the Empowered Committee of State Finance Ministers decided to set up a Joint Working Group (May 10, 2007), with the then Adviser to the Union Finance Minister and the Member-Secretary of Empowered Committee as Co-convenors and the concerned Joint Secretaries of the Department of Revenue of Union Finance Ministry and all Finance Secretaries of the States as its members. This Joint Working Group, after intensive internal discussions as…

    • 11693 Words
    • 47 Pages
    Powerful Essays
  • Powerful Essays

    References: Zaman, Nadeem et al. (2012), The implications the value added tax in Pakistan: administration, experiences and fears Saira Yousuf (2009), IMF Loans to Pakistan: History and Current prospects Aisha Ghaus Pasha, (2010), Can Pakistan Get Out of the Low Tax-to-GDP Trap? Meekal Aziz (2012), The IMF and Pakistan Shahzad Ali (2010), Is VAT implementation viable in Pakistan? Qamar-uz-Zaman, (2012), Value Added Tax – Theoretical Aspects and Empirical Evidence for Pakistan Dr Ehtisham Ahmad (2011), Why is it so difficult to implement a GST in Pakistan? Saeed Ahmed and Saeed Ahmed Sheikh, (2011), Tax Reforms in Pakistan (1990-2010), International Journal of Business and Social Science Mr. Shahid Ahmed, Implementation of VAT: Pakistan 's Experience Pakistan Economic Survey 2011-2012, Highlights FBR (March 2012), FBR Quarterly Review Muhammad Aamir (2011), Determinants of Tax Revenue: A Comparative Study of Direct taxes and Indirect taxes of Pakistan and India…

    • 3253 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Assignment 1

    • 3713 Words
    • 15 Pages

    |01 |Scheme of Taxation in India, Constitutional provisions, Direct vs. Indirect Tax, Excise Duty – Journey so far |…

    • 3713 Words
    • 15 Pages
    Good Essays
  • Satisfactory Essays

    Value Added Tax

    • 362 Words
    • 2 Pages

    Automobile and auto parts sectors- this sectors would attract VAT at the standard 12.5%. while under the earlier tax sustem the tax rate ranged from 8-15%…

    • 362 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Value added tax

    • 103730 Words
    • 415 Pages

    A value added tax (VAT) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution. The purpose of VAT is to generate tax revenues to the government similar to the corporate income tax or the personal income tax.…

    • 103730 Words
    • 415 Pages
    Satisfactory Essays

Related Topics