Anonymous
14 January 2015 at 14:18

Clarification regarding vat

My Client have manufacturing business of Ladies bags and they sell online to Myntra,snapdeal etc. For Eg MRP of bag is 399/- on that commission is for eg.Rs.140/- so that net amt is Rs.259. My query is VAT should be charged on net amt 259 or on MRP IN Invoice. Second query is what should be VAT Rate either 12.5% or 5%.


Pooja

Hi. Can anyone please tell me what is the procedure for change in address of principal place of business for MVAT. Is the same procedure to be followed for showing an additional place of business?


GB Singh

Sir,
We are running a school at Dharampur in himachal Pradesh and are not covcovered by Any Sales Tax.
We wish to purchase some materials from UT Chandigarh for our schools.
Please confirm how much tax has to be paid and where.


CA Monika Jain
08 January 2015 at 13:07

Requirement of tax invoice

Sir,

Can a cash sale be made through tax invoice or retail invoice? Pls reply urgently.



Anonymous
07 January 2015 at 11:17

Mvat return

We use to file a monthly return of MVAT. Now I had missed one of the purchase entry having a VAT @12.50% in Annexure J2 and the return has uploaded and filed as monthly return. Now can anybody help me out of this situation. Whether should file revised return (pls. tell me in detail for revised return) or anything other than this. pls. help it is very urgent.


SANIA
06 January 2015 at 19:13

Forgot password of vat

hlo friends, if I forgot my vat password then how I can I get it



Anonymous
06 January 2015 at 18:29

Inter state purchase

If a dealer regd. Under vat act but not in cst act then is he elegible for purchase goods from out side state at sale invoice and also do entry in his books of accounts?



Anonymous
06 January 2015 at 12:50

Vat on sale of used fixed assets

Rates of VAT in Maharashtra on Sale of Old Fixed Assets:

1. Vehicle (CAR)
2. Furniture & Fixture
3. Computer & Laptop
4. Scrap

Request opinions.



Anonymous

Hi Experts.
I have open my company & purchased some material that include Sales Tax. At that time, I didn't claim input tax credit as my company was not registered in DVat. Now After 2 Months after incorporation, I got registered my company in Dvat.
My question is: Now can i avail input tax credit on the purchase before registrations in Dvat ?
Plz guide...


Jyothis
05 January 2015 at 20:46

Tax invoice forms

While auditing a hospital as a part of internal check, it is found that they are availing inputtax credit on 8B,8H forms, which is not admissible under law. After scrutiny it is found that form which is named as 8H,8B has all details of form 8.ie vatoutput shown seperately and TIN no is stated....can a company claim inputtax credit ,if default is made by supplier in naming correct form,????






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