I am the legal heir of my fathers business who passed away about 4 months back. Also the tin number in karnataka vat is mentioned in the will to be transferred to me. I am having existing stocks in the firm of my father wherein the input vat has been paid and also the same is being carried forward as per last returns filed quarterly.

Can the same tin number in karnataka vat be transferred to me as the legal heir and also what all documents i need to furnish. Does it require an affidavit from other legal heirs of my father.

Also what is the status of the tin number already being used for business from the death of the proprietor.

Please advise

Dear All,

How many times i can revised VAT return in Maharashtra.

pls advice

WHAT IS THE BASIS OF CHARGING MVAT OR CST .....BUYER LOCATION OR DELIVERY LOCATION....IF MVAT REGISTERED DEALER SELLS GOODS TO ANOTHER MVAT REGISTERED DEALER AND CONSIGNEE (TO WHOM MATERIAL IS DELIVERED) IS OUTSIDE MAHARASHTRA THEN MVAT SHOULD BE CHARGED OR CST?

Dear Expert,

Proprietor not paid MVAT payment and return ,now he paid MVAT payment,so how much interest and penalty paid.???

It's Urgent.

Dear Sir,
my name is vishnu khandelwal from jaipur. i have a mineral factory (partnership firm)which is located at lalsot District-dausa. i alreday registered this partnership firm at jaipur address. can i registered the HO office at jaipur and branch office at lalsot. and can i issue c form & vat -47 from jaipur sales tax department for lalsot brach.

Sir,
I have a client who had claim input vat As adjust vat of prior 6 Month While auditing i found that it is not vat input but CST paid preciously but claim now input because of return.
sir please justify is it right.
And yes than please give the detail

IS VAT LEVY ON MANUFACTURING OF GOODS

Dear sir,
For manufacturing company they are not claiming input vat credit on consumables like repairs simply they are charging to expenses .

As an Auditor how can we report on these portion

In Maharashtra C form has to apply in described form with details of every invoice.
My question is as follows
M/s X is from Gujarat & M/s Y is from Maharashtra.
M/s Y purchased material form M/s X @ 2% CST
between Feb 14 & Mar 14. Accordingly M/S Y had issued C form to M/s X.
Now in Apr 14 some material has been returned
Also between Apr 14 - Jun 14 materials also purchased form M/s X. How can we issue C form
In C form application we have to mention invoice wise details & in return we have to shaw net effect of Inter state purchase. As in our case we have mentioned inter stat purchase after deducting value of goods returned. plz guide us what to do how can we issue C form in Apr 14 Jun 14

An assessee buying material by paying 13.5% vat input and after porcessing it sell the processed material for an output VAT @5% , and eventually he does not incurr any VAT liability at the end of the month or quarter.

What is the correct course of action in that situation because INPUT TAX CREDIT is always higher that OUTPUT TAX. Does he entitled to REFUND of the input tax or he has to Write off the excess INPUT TAX CREDIT from his books of account??????