VAT Articles

What's new in MVAT

Posted by CA Umesh Sharma 06 April 2015 23542 Views

Bottom of Form Karneeti Part 83Whats new in MVATArjuna (Fictional Character): Krishna, it is necessary to recall the new changes that have taken place in the MVAT laws from 1st April 2015.Krishna (Fictional Character): Arjuna, ss per the v

State VAT & CST on E-Commerce Transactions

Posted by Rakesh Garg 17 March 2015 37884 Views

A significant number of web sites, such as, Amazon.in, Flipkart.com, Snapdeal.com, eBay.in, etc., are engaged in E-Commerce (E-Com., in short) activities in India. The two major forms

Reversal of Input tax credit on account of mismatches

Posted by RENGARAJ R.K 09 March 2015 16952 Views

Input Tax Credit reversal on account of mismatches found in the Returns under Tamilnadu VAT Act, 2006.-rengaraj r.k, advocate, swamy associatesIntroduction: In the recent times, the Commercial Taxes Department has started issuing Notices and passing

Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed

Posted by CA Umesh Sharma 09 March 2015 15431 Views

Karneeti Part 79Good news, High Court orders to grant MVAT refund as per return where Form 501 not filed.Arjuna (Fictional Character): Krishna, Good News!!! Mumbai High Court on 3rd March, 2015 has ordered to assess and grant MVAT refund on the basis

Simplifying Delhi VAT - Legal & procedural relaxations expected

Posted by CA Ankit Gulgulia (Jain) 24 February 2015 9019 Views

Simplifying Delhi Value Added Tax Legal & Procedural Relaxations Expected

Guide to grant of refund under MVAT act

Posted by gopal Santosh Darak 23 February 2015 10402 Views

Introduction: -After introduction of VAT, a large quantum of refund application have beenfilled. The Department under going transition due to which business processhave undergone many changes. As result, a num

Service Tax on work contract

Posted by Sandeep Jadhav 09 February 2015 60011 Views

Works contract in itself is a very lengthy subject and law relating to Works Contract in Service Tax is available in a very scattered way. Important part in the defination of Work Contract: A contract where transfer of pr

Whether ITC reversal is to be made for export sales

Posted by RENGARAJ R.K 07 February 2015 20110 Views

R.K Rengaraj, AdvocateWhether Input Tax Credit (ITC) reversal is to be made on export sales without filing form W under Section 18 (3) of the TNVAT Act, 2006?.Introduction: Under TNVAT Act, 2006 there are two options available for the dealer in

Legislative history of filing stock statement as on 31st March of every year under DVAT Act, 2004

Posted by Kaushik Vinod 02 February 2015 10932 Views

INTRODUCTION:I shall begin my write-up with the wording of section 70 of DVAT Act which empowers Commissioner DVAT to issue notifications and prescribe v

Business doesn't pay taxes,it collects it

Posted by CA. Rajeev K. Sharma 24 January 2015 21105 Views

You cant tax business. Business doesnt pay taxes. It collects taxes. -A Discussion on recent VAT Provisions regarding Input Tax Credit What Ronald Reagan said on that evening in his office at Wilshire Boulevard Road, Cali