VAT Articles

Online service providers like flipkart are not liable to VAT

Posted by Bimal Jain 17 November 2015 22700 Views

Online service providers like 'Flipkart' facilitating sale and purchase of goods through online portals cannot be considered as dealer of goods - Not liable for VATFlipkart Internet (P.) Ltd. Vs. State of Kerala [(2015) 62 taxmann.com 387 (Ke

Exegesis of the 'Rules of Computation of H-VAT' for Builders

Posted by CS Priyanka Gupta 28 October 2015 6331 Views

The controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana has been emerged over a last few years. It is purely a grey area where nothing is crystal clear, in spite of recently amend

TN VAT - Works Contracts - Tax disputes - Appeal Process

Posted by P.Jagadeeswaran 24 October 2015 9221 Views

Laws Reward SolutionsTN VAT - Works Contracts � Tax disputes � Appeal Process. and Consequences of Form O & RR not issued by AOThe readers may peruse the content in other article(s) on caption(s) �Taxation of works contracts und

Divergence in Laws: Haryana VS Rajasthan VAT

Posted by Komal Vohra 14 October 2015 10306 Views

The Indian VAT laws have continuously gone under several changes since their introduction. The need for incessant evolvement is fundamental for growth and development and our tax department has taken well c

Enigma in VAT for E-commerce business

Posted by CS Priyanka Gupta 03 October 2015 15324 Views

E-commerce has been budding as a new endeavor in the past few decades. It has brought about a breakthrough in all possible fields and interests including consumer behavior, supply and demand of products, handling of orders, etc.Generally, �e-co

Humble Relief to developers in Haryana, as Rule 49A got substituted

Posted by CS Priyanka Gupta 29 September 2015 10592 Views

There has been a great controversy regarding liability to pay VAT on agreements for sale of flats and units by builders and developers in Haryana. The applicability of VAT on the builders in Haryana has gained a further impetus due to recent judgemen

Haryana VAT Amends 1% Composition Scheme For Developers (Rule 49A)

Posted by CA Ankit Gulgulia (Jain) 28 September 2015 8757 Views

Vide Notification No. No.23/H.A.6/2003/S.60/2015 dated 24th September, 2015 the State of Haryana has amended Rule 49A of Haryana Value Added Tax Rules, 2004 in what appears as a fresh effort to rope more developers to opt for the 1% composition / Lum

"Raksha" to Seller and "Bandhan" to Buyer under MVAT

Posted by CA Umesh Sharma 25 August 2015 8675 Views

Karneeti 112�Raksha� to Seller and �Bandhan� to Buyer under MVAT Arjuna (Fictional Character): Krishna, the festival of Raksha Bandhan is coming soon. On this occasion Maharashtra Sales Tax Department has issued a Trade Circul

Registration under TNVAT Act

Posted by v. srikanth 25 August 2015 11067 Views

The law and procedure relating to registration of a person as a dealer under the TNVAT Act is specified in sections 38 and 39 of the TNVAT Act. Any dealer or any person who wants to do business in the State of Tamil Nadu can get himself reg

Developments in the new registration procedure under MVAT

Posted by Yash Goyal 18 August 2015 6178 Views

Dear All,The procedure for obtaining new registration under the MVAT Act was amended vide circular 5T of 2015. For a gist of the new procedure please visit the below link.http://www.caclubindia.com/articles/new-procedure-for-registration-under-mvat-2