I am a proprietor of 2 business. one is CLOTH CENTER and another is Pesticide and Frtilizers.

can i get 2 TIN separately for both business, even if circle is same

Dear Experts,

As we sending our machinery for repairing purpose..

service provider or job worker is replacing some damage parts or poor parts in the machine and charging a single invoice including vat and service tax as per below example:

Repairing charges : 10000
service Tax 12.36% 1236

Material value : 500
input vat 4% 20
Input vat Ad 1% 5

Invoice Value :11761.00

In this case can we avail the Input VAT Credit? If yes, then how could we show this particular Inovice in our vat return

Please advice

Thanks!
Sohil Patel

one of the my client had Gross t/o of Rs 62 lacs & net t/o was Rs 58 lacs in 2010-11.I didnt do vat audit as his net t/o is below 60lacs.Now sto has issued notice for non filing 704.Now sto says that turnover means gross t/.is it correct ?.If not then in which section/notification turnover is defined

in karnataka when we sale old and used ms scrap then charged only 5 %
in normal case 5.5%
what is the logic behind this

Dear sir,

Can purchase from unregistered dealer liable to pay Input VAT under gujarat VAT Act in case of 100% export oriented unit?
if yes than can he claim refund?

plese reply

If the sale is 1%(Product is of Hair-Pin mfg)
& the purchase is 12.5 % & 5 % will the set-off be available full or reduction .If reduction is there then in what Percentage?

What is the rate of Input tax credit in west bengal for purchase of material for Stock transfer ?

We have raised the Bill from Tamil Nadu to Mumbai Customer for Rs.10 lacs against C Form, 2%.
We have a Local Sandy PURCHASE.
How much Tax should be payable to CST & VAT.

Please give your valuable advice.

1) I'm buying a flat from an individual seller.

2) Seller has purchased flat & registered it on 21 -6-2011.

My query -
3) Am I liable to pay VAT at 1%?
Why I feel so is a PDF (mahavat.gov.in/Mahavat/MyFold/.../FAQ&NOTE(28-08-12).pdf) says the VAT is to be paid by developer, on a flat under construction. (page 4 of PDF has FAQ).

in the PDF, a question is -
'Q3. Whether VAT is payable on the sale of completed flat?
Ans 3:
VAT is not payable if a completed flat is sold by the developer'.

In my case -
-- the flat is expected to get OC by June end 2014 / july 2014.
-- My agreement expected to get registered before the OC is received.
So, will the flat be considered as 'flat under construction' and VAT at 1% levied on me? If yes, will it be based on the difference between my purchase value - minus - sellers agreement value with original builder?
Will the seller will get setoff?

There are some other Q&A in PDF, but I'm unable to understand, hence this question.
Thank you!

Dear All ,

One of my client has open a Veterinary hospital for DOG , Cat etc in Delhi

We are very confused to decide the Vat rate applicable for various items ( 5% or 12.5%) like as Ball,chain , food items

Anybody can provide list of items used for that type of hospital with Dvat Rate

Thanks

C K Mishra
Delhi