In reference to the Proposed Draft of UP VAT Act,2007, I wish to know that after implementation of VAT in UP, the existing SDT will continue or not?
Thanks
PL LET ME KNOW THE PROCEEDURE TO FOLLOW WHILE SETTLING THE BILL OF WORKS CONTRACT AS PER KERALA VAT ACT.IS THERE ANY CHANCE TO AVOID THE TDS LIKE PAYMENT. IF NOT WHAST ARE THE FORM TO BE USED FOR THIS
Dear Sir
Q1.We are a S/W Company 100% EOU, registered under STPI & VAT (Karnataka), whether company can claim refund of VAT paid on input items?
Q2.We are having Export sales only, in this case what will be the refund criteria.
WE HAVE ENGAGED A CONTRACTOR FOR CONSTRUCTIION OF BUILDING. HE HAS DRAWN SOME ADVANCE FOR THIS WORK. IN ADDITION HE HAS SUBMITTED PART BILL ALONG WITH M BOOK AND GOT PAYMENT .I WOULD LIKE TO KNOW WHETHER WE ARE LIABLE TO COLLECT TAX (VAT) ON THE PAYMENTS MADE TO THEM JUST LIKE TDS OF INCOME TAX. I AM OF THE OPINION THAT CONTRACTOR IS TO CHARGE VAT /WC TAX ON FINAL BILL AND TO REMIT THE TAX. PL CLARIFY THE POSITION
AND THE FORMALITIES TO BE FOLLOWED WITH FORM DEETAILS.
Where to fillup local purchase return in VAT form 100, in karnataka
I have purchased stock as an individual capacity from bank as disposal of stock which are seized by them.Presently,I am working in firm as an employee which are engaged in trading of imported goods. Turnover of firm is below 1 Crocre.
I am not registered dealer under cst/vat. Now I want to know, can I sale these goods to my firm? Weather firm is liable to pay purchase tax(VAT), excise duty on these goods?
If yes, then firm is eligible to claim input tax credit of excise & purchase tax?
What are the tax implication for sale of these goods by firm?
Can I take vat credit of packing material purchased against vat paid for trading activity?
We have given contract for site development, plot level, compound wall etc. A single running bill is raised on our company with service tax @12.36% & VAT @5% charged. So can we get set-off of VAT @5% against CST monthly returns?
Can I claim CST paid on purchase of goods as credit against VAT while selling the same goods within state on which we are paying VAT?
Sir How to Caluculate vat while a Building developer give a sub contracts to do works, can u give me a example.
Proposed Draft of UP VAT Act