what are the different between VAT & WCT.
if a company has to fill VAT return the should Company has to fill two return for VAT & WCT.
please reply
we are reg. dealer but we purchased from purchase from unregistered dealer .
what are the main point to be notice when filing VAT return.
should we have to pay his tax from our pocket
Dear Sir,
We have credit after input and out put adjustment for Rs.25000/-. At the same time, we have made CST Sales and need to pay Rs.30000/-. Can we adjust this VAT Credit against CST payment. Kindly clarify. Some notification published by TNVAT on 11-11-2013, but I couldn't understand properly. If possible to adjust or not. kindly provide your details along with notification
Dear Experts,
As you all know a new form 9 is added in online filings of dvat portal, can you please let me know what is the use of it and how do we fill it up?
Thanks
I'm opening a online retail store in Kolkata. its proprietorship firm. basically we are planning to deal with footwear,saris,readymade garments etc. we have some interstate seller also from whom we are going to purchase our product. we have some seller of west Bengal also where we sell their product on commission basis. hence please suggest me that which are the legal thing we need to do before start. please advice.
Hi,
We have an online store, we are also a seller on snapdeal.com with our firm registered in AndhraPradesh(Now Telangana), I have a question for which I haven't found clear answer on internet, one of my friends suggested this platform and here I am looking for help from experts.
We do local purchases in Telangana state, hence pay the VAT. We sells watches (which incurs 14.5% vat). Now the real question is when a order is placed on our online store from a customer residing out of Telangana i.e from other state then do we need to pay CST also, or just VAT filing is enough? An answer with a example would really help me a lot.
Thanks in advance :-)
W.B. VAT @ 5% on ready-made garments. The price tag of ready-made garments reads M.R.P. inclusive of all taxes. Is it legally right for a vendor to charge VAT on M.R.P. (inclusive of all taxes)?? And if not right then what is the remedy against this (in my case VAT has been charged extra).
I am registered as a Works Contractor under Composition Scheme of Delhi Value Added Tax with 3% tax liability.
I want to exchange my old car with a new car which has been used for personal as well as business use.
Depreciation benefit is being claimed on the car.
I want to know will there be any D-VAT liability on exchange of the old car? What would be the rate of tax?
Will I have to pay income tax also on exchange of old car?
On what amount would I be liable to pay VAT & Income Tax on? On the whole exchange consideration OR only on profit ( i.e. sale amount - value of car in books)?
What if I incur loss on exchange as per books? Will I still be liable to pay VAT/Income Tax?
Hello.....i have purchased some raw material from same state and such raw material is not required for me and i want to sell such raw material.
whether vat is payable on such raw material as a ordinary sale.
what will happen if it is purchased from inter state and sold in the state in which vat is payable on such raw material.
If vat is not payable as ordinary sales than what treatment would be????
Dear Sir / ma'am
I want to ask a query in relation to vat input credit on capital goods.
please tell me the proportion on which credit is allowed and if not allowed in proportion then on what basis it is allowed ?
Regards,
Sanjeev Mittal
Online GST Course - Master the Fundamentals of GST with Practical Insights
Vat & wct