Dear Sir,

We are dealing in sale / purchase of readymade garments. We made only local sale & purchase from interstate. can we are liable for audit under section 59(2) of dvat act or not. We have not applied any refund in our return. Can u plz send me a copy of reply against this notice

While filing M-VAT audit report form 704, In Annexure J-1,the sale of some dealers was shown in Local sale to Non TIN Holders due to non availability of VAT Tin at that time.

Some dealers have mentioned wrong TIN in their J-2 and hence there is sale suppression, for this we can do followup with that particular dealer and can ask him to rectify his J-2.

But in the cases where the sale is shown in Non TIN holders column then how to rectify J-1, because in Annexure J-1 the minus figures are not accepted and if we put VAT TIN of dealer and show sale against that without making reduction of that much amount in the column " Local sales to Non TIN Holders" then unnecessary sale will increase.

So can any one provide solution to correct J-1 by reducing the amount shown in the column " Local sales to Non TIN Holders"

Dear Sir, Whether VAT on Fixed Asset(Truck purchase for delivery of Goods) total credit available in the same year in which asset is purchase in MVAT Act?

Read more at: https://www.caclubindia.com/experts/credit-of-vat-on-fixed-asset-995295.asp#

Earlier we Manufacturers with less than 1.5 Crores turnover were exempted from Excise Duty Registration but were covered under State Vat. Now we are covered in Regular GST.How can we take Transitional credit of stocks on which excise duty was collected by suppliers in invoices ?We have already taken State VAT credit of such stocks before 1/7/17.

A partnership firm having 3 partners with annual turnover of 45 lac is planning to dissolve and all the 3 partners will carry on business in their individual names and in that case turnover of each partner will be less than 20 lac.Will they get the benefit of 20 lac exemption limit each under GST?

please inform last date for filing Form WW for FY 16-17 in TNVAT form.

Sir,

Whether we will get Special rebate for the whole amount of tax paid on Unregistered purchase ?

Or can we claim the amount in any other period or in the month of purchase itself ?

Can any one give me the brief description regarding Special rebate and how it will be passed through financials.

Dear Experts,

We are doing trading business in very small scale in Tamilnadu. We have both CST and VAT number. Unfortunately we have not filed CST return from the beginning (from 2015). We do purchases from other state, but we dont sell to other states.

Can we file CST return now? Will it attract any penalty? We dont have any CST sales.

Sir, How to decide nature of business as Manufacturing or Works Contractor. If there is any criteria to differentiate between this two. please help. thanks..

Import Bill of entry and Invoice etc in Gurgaon, Haryana, address
Goods in Custom Bond Delhi and after paid the Custom Duty D-Bond the goods
What is the Source Sate for Sale
I mean Sale Bill to be prepared from Delhi State or from Haryana State