Hi all,
I have a doubt regarding VAT input credit claim.
"X" Ltd a Private Corporate Hospital, which is in to the business of providing Health care services to the publick has purchased Capital assets which assets will be used for doing the surgeries during the course of time. On these capital asset purchases it has paid huge amount of VAT which is considered as Input VAT while filing the VAT returns and the asset is capitalised excluding VAT portion while calculating the depreciation and so on...
My query is, is the INPUT VAT which is taken and claimed in VAT return, against the output VAT payable on the sale of medicines to the patients is correct or not? If not, what will be the consequences if the period for filing the revised return is completed.
Please answer the query by considering the Andhra Pradesh (Undivided), VAT rules.
Waiting for your opinion..
I have to some problem in vat
please tell me sir about h form and c form in vat
I have not take VAT no. till date then also i received the notice from VAT Department as 401. So what should i have to do now.
I have vat & cst No. in d name of Ranjan Enterprise but my supplier supplies products billed in the name of Ranjan Enterprises. would this effect my taxability in any way? please reply
CAN WE TAKE INPUT CREDIT IN CASE OF REVISED RETURN ???
I want to know the process of file return online.
DEAR SIR,
MY CLIENT WHO IS REGISTERED IN DELHI IS DEALING IN RICE & PADDY THAT IS EXEMPTED FROM SALE TAX , HE HAD PURCHASED CAPITAL GOODS FROM DELHI REGISTERED DEALER , CAN CAPITAL GOODS BE PURCSHASED AGT. C FORM FROM DELHI ITSELF ,
Hi sir,
I make invoice, cst mention wrongly.
i.e..
as per P.O.. cst given 2%
but I mentioned 5.5%.
My doubt without debit note , I can raise credit note, it is accept or not. pl clarify
if a buyer from other state has purchased some material using his cst tin and now informing that he has not booked those purchase bills and refused to give C forms.
What measures are there to first confirm his saying , as the sales representatives are not traceable.
How to confirm this.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Two tin