VAT QnA - Page No 112

All Resolved Open

Ruchi Agarwal

29 December 2014 at 12:45

Mvat on sale of under construction property

Can anybody let me know whether Mvat on sale of Under Construction property should be paid at 1% of Agreement Value or should it be paid at higher of 1% of Agreement Value or Market Value..??

SHAKEEL

27 December 2014 at 12:00

Diff form231 and regular e return annexures

please tell me the difference between and when they are filled. form231 regular e return annexures

Anonymous

26 December 2014 at 22:07

Applicability of vat audit

Mvat Dealer who get registration wef 01.01.2014 Voluntary. Up to March 14 no input vat claimed or no vat payable only service sales. Mvat audit is needed or not.
If needes how can dealer file return before 01.01.14. How file revised return.plz guide.

CA Monika Jain

26 December 2014 at 14:31

Amount to be included in c form

is the c form issued along with vat and excise duty or only with purchase amount except vat and excise

kirti

26 December 2014 at 14:19

Refund of cvd and sad

hi...
i want to import HDPE from china and then sell it off here in local market.
My Query is whether i can get refund of both CVD and SAD or just 4% SAD.
Also can i set it off against my VAt Output.

Furthur please tell me the difference in tax regime of selling it to a manufacturer and trader

C.A Kirti Jalan

CHAVDAKAUSHIK

26 December 2014 at 10:33

Nil return

Sir Our Company is Newly Stared so,we want file nil vat return .please tell me which form I Used to file online vat return.

Vinay Jain

25 December 2014 at 14:17

Works contract tax applicability

Our company is a registered works contractor in Maharashtra. We have been awarded a road construction contract on which principal contractor deducts WCT (Works Contract Tax). We have also sub-contracted works like site fabrication, plant installation, drain work, labour etc.
Now my question is - whether we are also liable to deduct WCT TDS on payment to sub-contractor? If yes, then will it not amount to double taxation on same contract work?

Anonymous

25 December 2014 at 10:46

Taxable amount for vat

Do we calculate VAT (5%) on Basic Material amount or if we charge freight/Packing & Forwarding/Other Charges/Inspection charges in the invoice, shall we include this amount as taxable amount. please reply.

Akshay

23 December 2014 at 21:16

Limit for fy 2013-14

Can anyone tell me what is turnover limit for vat audit for the fy year 2013-14?

Prashant Patil

22 December 2014 at 20:23

Vat on fixed asset - car

Dear All

My client has exchanged his old car for Rs.300,000 and purchased new car for Rs.725,000.
Whether he is required to pay tax on sale of car (exchange) under MVAT Act?

Thank you,