When i am making a purchase and i enter the purchase bill into tally, i select VAT 4% and 1% and enter the respective amounts.

I need to know what should be the group in tally for the VAT 4% and 1% line item. Should it be duties and taxes? or it should be under purchase?

Sir,
I have filed D-vat return for 1st half i.e. 01.04.2011 to 30.09.2011 in which there was refund, but it was not claimed in the said period and also the same was omitted to be carried forward to next period i.e. 01.10.2011 to 31.03.2012. Section 28 says that any discrepancy can be removed by filing of revised return within the year following the year of such tax period. Now the return cant be revised. I have filed objection but the Ld.commissioner is denying the same. He said how can the same has been accepted without claiming the refund in the return. Kindly resolve my problem.



Thanks & regards

sanjay

Hello Sir, I am a practising C.A. One of my client not get the c from purchaser now what he can do against purchaser.

Dear Experts,

Our Supplier Charged VAT5%+Service Tax 12.36%
on the whole value. i.e 17.36%

I have refer online, there mentioned that Software license will attract Central Excise , Service Tax & also VAT...


My questions are
if it is a product then VAT
if it is a intangible product (service ) then Service Tax
if partly Goods & partly service then Works contract provision will apply...

pls clarify me

Awarder has awarded a contract of Rs. 1.5 crores. Certain materials like cement and steel the awarder will supply. Can the works contractor apply for compounding option? If so, what will be the contract value, Rs. 1.5crores minus value of cement & steel?

Thanks in advance

who can opt for composition scheme of vat in Maharashtra ?

how it is beneficial to them?

Does Shop & Establishment should be registered under State VAT or some other body ??

Pls suggest !!!

R/SIR,
Our company is based in haryana &
I want to purchase focus product license(FPS) from haryana exporter for import , now i want to know that sale tax which we will pay on FPS can we take input credit or refundable to us.

Kindly reply as early as possible
Thanks & Regards
Tarun goyal

Respected Sir and Dear Friends,

This is related to E1 transaction.
Purchaser(X) of Kolkata has placed an order for supply to Mr. Y of Kolkata. Further Mr. Y of Kolkata has placed the order for supply to Mr.Z of Karnataka and the delivery shall be made directly to Mr.X (Mr. X shall issue waybill in the name of Mr.Z). Now i want to know that whether Mr.Y of Kolkata will charge VAT or CST to Mr. X of Kolkata.

what is rate of composition scheme in Maharashtra?