how to calculate VAT

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Economy is expected to grow in the vicinity of 7.5%


The Central Statistics Office CSO released estimates of GDP and related parameters for Second Quarter of 2015 16 today The Finance Ministry analysed the data and made its observation that the GDP grow

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New dedicated Chapter helpdesk for queries related to members/students based abroad


The Institute of Chartered Accountants of India is committed to provide the best services to its members Considering the same the International Affairs Committee of the Institute has reactivated its l

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Scheme for speedy grant of refund accumulated in cenvat credit


Scheme formulated for Speedy grant of refund of accumulated and unutilised CENVAT credit to help in ease of doing business by unlocking the accumulated credit Exporters of services today accumulate CE

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Feedback on Nov 2015 CA exams


It is hereby informed that candidates can bring to the notice of the Examination Department their observations if any on the question papers relating to CA Examinations being held in November 2015 by

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ICAI - President's Message - September 2015


Dear Friends These days quite justifiably people of Indian origin are remarkably being appointed elevated and accepted for higher administrative and management responsibilities across organisations gl

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Experts Opinions

Vat audit related query


CAN VAT PAYABLE IN H1 OF 14 15 BE ADJUSTED AGAINST REFUND EXCESS VAT PAID OF H2 OF 14 15

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Will vat applicable on sales made to a trust as donation


Hi All will vat be applicable on sales made by a trading Pvt ltd Co maharashtra to a Trust Karnataka as a donation or a gift regards preet

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Time limit for reversal of vat credit


Dear all Input vat credit on fuel is not available but our company has availed ITC on fuel in F Y 2013 14 2014 15 wrongly Now when we came to know about this mistake We have made a reversal of the sam

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Exemption availble to private company manufecturing readymix


Dear sir If Private Company is in business of manufecturing of ready mix concrete and delivers to its client office If the clients of that company are only Government bodies like local authorities Gov

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Vat audit


during the VAT audit we found mistake in purchase in month feb2015 25000 less is shown compared to books of accounts present what is the solution

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Discussion

Input vat credit

Dear All Kindly provide me the reply of following issue a Company has not availed the credit of VAT charged by the person from whom vehicle was repair b Company hasnot availed the credit of VAT charge

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Service tax credit observation

Dear All Kindly provide your opinionon the following observations a As per rule 7 of Point of taxation rules 2011 Service tax under reverse charge is required to be paid at the time of payment of Valu

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Can a private company dispense away using private in name

A Government Company using Corporation in its name is not registered on MCA as Government Company type Private Is it possible for such a registration under Companies Act 2013

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Credit of vat on cst

where to adjust cst paid on purchase As it is not adjusted against the Otput VAT So is there any way to take credit of Input cst either from VAT or ET

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Vat registration no on death of assesse

Assessee A sole trader is expired Assesse B son of A had become the owner of entire business an shop as per gift deed 1 Does vat registration no can be transferd to B 2 If new vat no is required den w

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File Download

  • All Exemptions to a Private Limited Company

    ALL EXEMPTIONS TO A PRIVATE LIMITED COMPANY

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  • VAT Registration Form_Gujarat

    VAT REGISTRATION FORM FOR GUJARAT STATE DEALERS

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  • Extend of Due Date for filing Form WW annual Return for Tamil Nadu VAT

    Extend of Due Date for filing Form WW annual Return for Tamil Nadu VAT

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  • TDS Interest Calculator [Free]

    ENTER ONLY DATE AND AMOUNT TO CALCULATE T D S INTEREST DIRECTLY

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  • Swacch Bharat Abhiyan Cess calculator

    calculate swacch bharat abhiyan cess in excel

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Articles

Method of Accounting of VAT


Value Added Tax Method of Accounting Men may come and men may go but I go on forever says this Value added tax system amidst the chaos of Goods and Services Tax This system of VAT was introduced in Ta


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Eligibility of Cenvat credit on Catering services


The definition of input service under Cenvat Credit Rules 2004 has been amended drastically w e f April 2011 and because of such amendments majority of interpretations and settled positions have taken


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A common man's guide for registration for VAT TIN and CST TIN in Gujarat


A lot of queries cometo mind when one thinks about taking registration under Gujarat VAT and CST Laws Some of the queries and their answers are published as follows for the benefits of the readers 1 W


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Confusion for Cenvat Credit on Swachha Bharat Cess


After implementation Swachha Bharat Cess hereinafter referred as SBC for the sake of brevity there is confusion in the trade industry service provider and also in the consultants whether Cenvat credit


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Software - A tussle between VAT and Service Tax


In the current high tech era information technology has become an indispensable part of our life India being an IT hub this fast growing industry is a major source of revenue Hence it becomes vital to


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Updated on : 1/7/2016 6:00:11 AM




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