Dear Experts,

We have purchased a machinary in vat, but we have to transfar that machinary our other branch bombay we have not charged any taxes, but we raised sales invoice.

In vat 100 return which place mentioned ?please inform (replay)very urgent and any forms recived from our other branch?
bcz tomorrow is last day for vat 100 submission.

what is the limit for registration under west bengal vat act and whether sale of 2nd hand tyre attract VAt

Dear last year we transfer our stock other state for job work. we show in our dvat return v show material as stock transfer, supplier send us 5 time bill for this material various month, so my question is that how many form f v have to given supplier,

Dear Sir,

Please let me know whether an awarder is liable to deduct tax at source @ 8% under sec.10 of KVAT Act 2003 , if the contractor opted for compounding scheme under sec. 8 the Act to pay tax @ 3%.

Thanks and Best regards,

CA Sajana E V

Whether input credit on CST purchase can be utilized for adjustment of vat on local sales.

Eg: Purchase from gujarat @ 2% against Form-C. Sales in the state of Tamilnadu at 14.5%.

Is it possible to avail credit of 2% purchase? If so, then how & the procedure for the same.

Dear Experts, My company is carrying on a capital project for construction of factory shed and building.Now we are receiving bill from supplier of cements etc. for use in above construction including vat@12.5%.My query is about, how can we take credit of above vatable bill?Whether my company is eligible to take credit agnst its cst liability of sale of manufactured goods??

compute the vat payable to the govt. by G & H:
G sold to H - Sale price rs. 10000

tax?

H sold to I sale price 15000
tax ?
less: ?
bal. payable to govt.

Dear sir,

with refernce to above wheather TAR purchase attracts entry tax if purchaser & seller both are in same state

please give proper guidence urgently

I'm an imported Coal supplier with Business established in Chennai, Tamilnadu. We buy Coal from various importers on VAT basis. We do local sales as well as CST sales but majority (almost 90%) of our sales is CST sales. In our case we buy cargo by paying VAT@5% and sell the same by charging CST@2% to our clients and we have been carrying forward the excess difference of 3% to next Month. This practise has incurred a lot of ITC. But now there is an amendment in TN VAT rules which explains from November ITC can be carried forward only if appropriate inventories is reported.
1) Now I was attempting to file my November Month return. I have an ITC of Approx 11 Lacks but stock as per my ERP is only 300 Tons, which explains that value of stock is just 1400000 lakh Rupees only on which i can claim an ITC of 70000 Rupees only. Can any one help me in resolving this situation .
2) Secondly it seems there is another amendment where the differential VAT should not be carried (as like before) forward instead that should be reversed back in that month return. So my question is, is this amendment true?

I see there are so many experts over here. I sincerely and humbly request somebody to help me over here.

Dear Sir,
We are merchant exporters located in Jamnagar-Gujarat. We recently purchased PTFE soft strips (One type of gasket used in petroleum industries)from one of seller at Mumbai-Maharashtra and exported to Saudi Arabia through TNT express cargo.The seller charged 12.5 % VAT as per Maharashtra Govt. taxation rules and we paid too, as we were in hurry to export the consignment.Since our company registered in Gujarat and the seller is in Maharashtra,he should charge 2% CST against C form/H form, he did not agreed and argued that since you are taking ex-work delivery of the material, not crossing Maharashtra state border,you have to pay full VAT as per Maharashtra Govt. rules.We had to agree as consignment was very urgent. Now we want to know procedure for refund from Maharashtra Govt. sale tax dept.(If any)
Regards,
Kantibhai