If a partner of the partnership firm is a government employee and profession tax is being deducted from his salary every month under Maharashtra state profession tax act. Whether the partner is liable to get profession tax enrollment number in the capacity of Partner of a partnership firm for vat registration procedure? Also provide reference of rule or section clarifying the same.Please do the needful.

Please reply fast.

hello sir i am deposit c.s.t in wrong period rs 18000 & revised return time is expire so plz what can i do that amount is refund ?


pl give ans

Co-op Hsg Society has undertaken repairs for one of its buildings? Would works contract and service tax be applicable for such transactions? Also would WCT & Service Tax be applicable to Coop Hsg Socities and under which regulation?

Whether we are liable to pay tax in case we transfer the stock to our Branch , for example i transferred my stock Rs 5,00,000 in a year from Delhi (HO) to Mumbai (Branch) then how much vat i have to pay ????
its really urgent and it will be great if anyone can reply me.

My new client is registered with the VAT department Maharashtra.


He had some actual interstate purchases of around 10-11 lakhs in F.Y. 2012-13 but his accountant had done some double entries and is overstated and the the return is filed like that only. Now on checking the past data I have understood that this has happened. The client has very less knowledge about VAT and accounting so didn't understand anything. Even his previous CA has filed the form 704 on the same basis (Wrong entries)even C Forms are issued by the department.


Can anyone please tell me any remedy on this???

SIR

VAT PAID ON PURCHASES - 100000
VAT COLLECTED ON SALES - 200000
VAT BROUGHT FORWARD - 50000
(OPENING VAT)

I PASSED THE ENTRY IN TALLY

1) VAT TAX A/C DR 100000
MVAT O/S A/C 100000

2) MVAT O/S A/C DR 50000
VAT B/F 50000

THEREFORE NET VAT LIABILITY SHOWN UNDER THE HEAD CURRENT LIABILTY IS RS 50000 AND VAT TAX IS SHOWN UNDER THE HEAD DIRECT EXP IN TRADING ACCOUNT RS 100000/-.

I WANT TO KNOW WHETHER THE ABOVE TREATMENT IS CORRECT OR WRONG? FURTHER IF IT IS WRONG PLZ SUGESST A CORRECT TREATMENT.

THANKYOU

1) M/s X is a registered dealer contracting electrical contracts. He purchases materials and supplies and provides services too like erection and commissioning etc.

2. M/s Y is manufacturing company raised a purchase order for supply of materials from M/s X.

3. M/s Y has also raised a service work order on M/s x for erection and commissioning of the above supplied material by M/s x

5. In the above both supplier and service provider is same and raising invoices against the work orders separately

6. M/s Y is paying payments to M/s X against the invoices raised, ie. material supplies separately and service invoices separately

7.in the above, if the work orders are separate ie. for but both service provider/seller and purchaser/service receiver stands same

8. In the above circumstances whether works contract act is applicable if yes upto what extent if not why

by
subrahmanyam GVS
M.Com Dip in Taxation

Dear Sir,

My company registered in UP vat.

A car purchase by company in its head office in delhi but Company not registered in delhi vat. Now comapny sale same old car in delhi to Mr X then what is the sales tax liablility in delhi and also in U.P.

please advice

Thanks in advance

Hi,

I am running an E-commerce portal in Ghaziabad location,want to send a Juicer worth Rs 8000 to West bengal to one of my buyer,but when i am going to dispatched it,they asked me a sales tax form from me.

Problem is i take this item from my dealer as a retail invoice instead of Tax invoice,Please tell me what can i do for dispatched it...

Reply me Quickly....

Dear Experts



We know that declared goods or goods of special importance cant be taxed at more than VAT 5%.



I need to know that will be the entry in case we buy these goods interstate?

Will there be an involvement of C Form.

Will CST rate be 2%?

Please advise.



Thanks

Shivani

shivaniadream @ gmail.com