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
Sir,
One of my Friend started a trading business in Kerala. Its annual turnover for the financial year 13-14 is Rs 6,50,000 only and it become net loss.I would like to know whether IT return is compulsory in this case .if yes can you share appropriate form for submitting the return .
Kindly advise the same
Thank®ards
Binu
if i paid CST for purchase inter state goods, can i set off against output vat?
sir output vat is applicable to rental service?
Dear experts, plz help me understanding the concept of Reverse Credit in VAT return form..?? In what circumstances, Reverse credit situation arises?? waiting for your immediate replies!! Thanks in advance!!
Is TDS @ 4% applicable to contract work of printing? (Audit and annual reports)
Is there any notification/Circular issued by the Sales Tax department in this regard?
If the amount deducted from the bill & paid to the Sales Tax department, can party claim it in his monthly return?
Is it wrong if the amount deducted and paid to the department?
dear experts suppose I purchased some material from some vendor and he did not charged any vat on that because he not registered under vat because he is a small vendor ( less than 5 lacs turnover) but when I sell that material then is it compulsory to charge vat on that ? because I am a retailer & my selling price will directly increase by 12.5% and also I didnot have any input setoff for this. or can I do like this :- on each product my profit margine is 10% so I will charge Vat on 10% only. (Maharashtra state Vat)
Dear All Sir,
we have purchased on fan for our godwon (900+12.5%=1013/-) but i dont want to show it under fixe assetes so just let me if i show it under godwon expense then will i be able to take the input credit of vat???
please guied with vat act???
Sir, we have our depot named as ' kamani oil industries pvt ltd. ' , we issu F form for stock transfer to that company for purchasing good .
if we want to sell our stock ( good) to a dealer of another state by stock transferring against F form issued by him .
is it possible ??
if no , then plz explain.
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Hi, We have registered a partnership firm in Andhra Pradesh recently as VEEN ENTERPRISES, for trading readymade garments, now we would like to choose a shop name as we don't want to use VEEN as a shop name for kids wear store.
So is there a procedure to add a Trading name as (XXXX) to our business.
Any help would be appreciated.
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Input credit on capital goods