I have registered a flat(1510 sqft) for Rs.45.50 lacs(puchase value) for which guidline value is Rs38,19,300. Builder has charged me additional amount of Rs.218,118/- for the same.
The builder has given the following explanation:
Diference between Regn & guildline vlaue Rs.730,700
VAT @14.5% 105,894
Servie Tax @12.36% 90,315
eligibility of Income tax @30% =219,090 - 10% of 219,090 is 21,909
Total amount collected 218,118.
I am not convinced from the above.
Flat is registered on 1st February 2014 and construction is completed n possession was given on 16 March 2014.
Please confirm whether the above additional amount collected by is correct and legal?
Dear Sir's
I have received C form for the year 2012-13, but this c form issued to supplier in year 2009-10. Now my query is this C form valid for the 2012-13 or not
Hi,
Please tell me what documents are required for d - vat registration for proprietorship firm .
Dear Experts
Do we always receive invoice before goods?
Is it possible that we receive goods before invoice?
If yes then what entry we pass when we receive goods? and what entry when we later receive invoice?
What is Receipt Note in Tally?
Shivani
shivaniadream@gmail.com
Hi all, We are a TamilNadu based consumer durables dealer currently selling products online through various ecommerce platforms like Snapdeal etc. We billl and ship to end users in other states as per orders provided by the ecommerce websites (c form not given). We purchase locally (within Tamilnadu) and having been effecting the sales at the current VAT here at 14.5% output. We are also availing input tax credit at 14.5% for the corresponding purchases. Are we right in doing so as we heard that ITC cannot be availed for interstate sales without C form as per a recent government order.We bill to the end customer and payments are made by a sister concern of Snapdeal to our account. Kindly provide your valuable inputs with regards to TNVAT and suggest alternatives as I know of a huge number of dealers currently facing the same issue without proper guidance. Any help would be much appreciated.
Read more at: https://www.caclubindia.com/forum/request-clarification-on-availing-itc-interstate-sales-tnvat-288488.asp#.U0mj9dJkPHo
please anyone can send VAT form for Haryana(VAT D-1)
Thanks
Vikas
A client of ours is making a sale to a Government unit, which are asking for invoice without VAT as 'they don't pay VAT'.
Is it true that sale to all Government units or certain Government units is to be made without charging VAT?
If yes, what's the procedure for that (as in if there's any document we have to take from them.)
For F.Y.2013-14, what is the Due date of filing the VAT return for Last Qtr or Six Months is it 30th April or 0th June? & What is the due date of uploading J1 & J2, when turnover is upto 60Lakhs & above 60 Lakhs.
Please give opinion.
Dear sir/Madam
I want to know that my company want to be first time issue of Form c From sale Tax department than which Docouments is required please Confirm me
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Vat & service tax on flats in bangalore