A cement manufacturing company is transfering its property in tyres to a tyre manufacturing company for modification or alteration of tyres for longer usew of tyres.the tyre manufacturing company is raising invoice for works contract.
the following are my questions.
how much WCT should be paid?
how it should be audited in internal audit?

Hi
Friends


Is it CTO Correct?????

in my organization VAT assessment completed for the FY 2010-2014.


all records are maintained and submitted are good there is no difference as per books and VAT200&213.

CTO raised demand relating every year closing CCF VAT available in VAT Return .

is it required to pay CCF VAT amount as on 01.04.2014.


Give me suggestion there is only 7 day time for any objection.

Shall we post a journal entry for every month after filing monthly vat return to salex tax for vat receivable & payable on monthly basis to knock off the vat amount payable / recvb'l

with regards,
S.Boopathi

advance received for sale of Goods is liable to vat.please reply this question

RESPECTED SIR

I HAVE RECEIVE AUDIT NOTICE FROM SALES TAX DEPARTMENT FOR CARRIED FORWARD OP & CLOSING STOCK 10-11,11-12. I HAVE FILLED ANNUAL RETURN 11-12 IN FOR 10-A OF MY CLIENT BUT OP STOCK HAS BEEN TAKEN RS. 180450 INSTEAD OF RS. 980450. PLS TELL ME PROCEDURE FOR RECTIFICATION OF STOCK

PRADEEP JAIN
TAX CONSULTANT
MOB 7568292094

WE WANT TO START OUR BUSINESS IN PUNJAB. WE HAVE PURCHASED PLANT & MACHINERY (OLD) FOR BUSINESS USE. THIS IS LOCAL PURCHASE (VAT PURCHASE). WE DO NOT HAVE TIN/CST NUMBER YET (NOT REGISTERED IN SALES TAX)

1.CAN WE TAKE INPUT CREDIT AFTER GETTING TIN/CST NUMBER.

2.IF YES, WHAT IS THE TIME LIMIT.

Kindly help.

Hi

My client has made CST sale against C form (2%) in the month of march 2013, but he got his VAT/CST registration in the month of April 2013.
Now he got C form from the parties to whom he made sale in March 2013.
Now what should we do while filling return-
we should include that sales in our April-june quarter or ignore it?
Please reply on urgent basis

am purchasing packing materials from tamilnadu and am selling it in puducherry.They are putting 5% VAT in the bill.Shall i ask them to put 2% agst CST ???
Is there any issue in that for the supplier???

Will VAT be applicable if it is purchase of materials like books and stationery from a book depot amounting to more then Rs. 50000?

Dear sir,


Can we issue the Form C to party for purchase capital goods for R&D unit