Respected Sir/Madam,
I have a query that In which method I adjust Vat with Cst,
For ex. 30.04.2014 I have excess in input vat Rs.15900/-- current month excess Rs.24000/--, output Rs,20000/-- Cst Adjusted 4173/--, in cst form I which place I put the amount to show that I adjust the cst amount with WB Vat

Kindly assist me sir
Thanking you
Debojyoti Dhar

What is high sea sales. ? can output tax be availed for the same.? is this covered under karnataka vat only ?

Dear Sir


ours is GOM undertaking engaged in manufacturing of fert,pest etc.

we have floated tender for civil work such as steps to godown ,entry gate etc

pl guide

1. whether MVAT is applicable for this civil work
2. if yes then whether contractor will pay the amount or we have to recover from his bill and @ what rate

regards

Satish

Can we take input tax credit on purchase made from GRN dealer???

if once the input credit is reversed and later on, in a case law high court opines that input credit can be taken in that case, will the assesse who reversed the input credit can take the credit for the same goods again?

Suppose a trader in Haryana invoices goods with Bill To party in the city of Bangalore and Ship To party in the city of Mysore, then who will provide the E-Sugam to the trader in Haryana and why. Please also provide an understanding on the Form C, i.e. who will issue the Form C, being a transaction on concessional tax rate of 2% against the C-Form

Final product is exempt from VAT. however the VAT is paid on Scrap arising in the process of manufacturing. There are purchases such as spares etc which has VAT element. Can the VAT paid on spares be utilized towards payment of VAT on Scrap sales ?

A Ltd a foreign Company and holding company of B Ltd incorporated in India, gets an order from C Ltd India.A Ltd supplies majority of the order (99%) from outside india and asks its subsidiary B ltd to procure and supply the balance material locally and send it C ltd. The cost of local procurement is reimburesed by A Ltd to B ltd.

a) is the material supplied by B Ltd procured from local vendors eligible for concessional rate of tax against C Form/ E1 transaction? (A ltd is not a registered dealer in india)

b)is invoice raiased for cost reimbusement be treated as sales and attracts CST?

c)if the above (b) trasaction doesnot attract CST , then can this be shown as export sales?

Dear Sir, we are planning to take an AMC(Comprehensive Basis)for Air Condition. Vendor has sent his quotation, in that quotation there is a doubt, please clarify, In the given Quotation, There is a Gross Bill Amount. After that he adds a 12.36 @ 70% Service Tax Then after adding of Service Tax and Gross Bill , he is charging VAT @ 8%. Now the my doubt whether is there any rules or circular or notification that explain that the VAT will be charged on Gross Bill + Service Tax, He has given me a some Notification, No.32/2007, Dated:22.05.2007 & 35/2012, Dated:20.06.2012. Now my second question shall I deduct WCT TDS on it or not. Please reply as it is required urgently.

Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=200766&offset=1#.U3tI0HaA-Lc

sir,
I would like to know the cost of purchase of the product. In some bill our creditor add freight charge and other. whether this amount is add to purchase or show separate in p/l.
kindly advise the same
thank
binu