My friend had started a reail textile business in partnership with his wife from 1.4.2007 to 30/9/2007(Financial year 2007-08).The firm was registered under Karnataka VAT ACT.The firm had filed monthly Vat return within 20th of subsequent month.Paid the the applicable taxes. As they suffered huge losses,they have closed the business in Oct'2007.They have also surrendered the VAT REGISTRATION CERTIFICATE IN Oct,2007.They started new partnership with another two partners who are wellversed in textile business in the same premises where the previous firm was functioning. The old records were shifted to their residence which was rented.Subsequently they shifted their residence to their own house from the rented house. while shifting they have misplaced the records and books of the old firm.Now, on 9/12/2013, On reminder from commercial tax officer,one of the erstwhile partnership firm met the CTO.She handed over a notice directing the assessee to furnish the records,returns and books of accounts for the year 2007-08 within seven days from the date of receipt of notice. My friend is i quandary. He sought my help in solving the problem.Pl guide us in this regard. we are trying to locate the records.If we are unable to trace the recoreds,what is the remedy.
we are Vat registered dealer ad also have service tax registeration , my doubt is when we consigned goods thruogh our vehicle i t was seized by sales tax intelligence by saying that we printed errection charges in the in the invoice without collecting vat on that amount then we said that we are paying service tax on this errection charges then they said that we have to take works contract registration, in this situation what should we do
I am planning to start trading business. This involve to buy from supplier and sale to customer. Suppliers are from maharastra, outside maharatra and outside india.
Main customer base is within India.
Goods/Instrument I am dealing with are Electrical related to power sector.
My Residence will used for registered address which is outside LBT limit of Pune.
Following Transaction involved:
1. Interstate Sale
2. E-1 Sale Transaction
3. High Sea Sale
Let me know which certificate,registration do I require to start the business?
Hello
Anybody explain how to get form'c' for below cause .
I made return with party tin :27900670305 insted of 27900670305C.So I haven't received my form'C'.
Thanks in advance .
Sir Under AP VAT I would like to know the tax rate if the Products/goods are given as free samples to prospective customers
Thanks in Advance
IF A DEALAR REGISTERED IN DELHI PURCHASE GOODS IN TAMILNADU AND EXPORT DIRECT FROM TAMILNADU
PLS ANSWER. CAN DEALAR TAKE ANY BENIFIT UNDER DVAT ACT
EXPARTY ORDER PASSED UNDER CST AC IN MAR 13 DEMAND OF RS 3 LAC, CAN I FILE RECTIFICATION APPLICATION, OR FILE APPEAL AGAINST ORDER
THANKS
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Notice from commercial tax officer(audit) to produce books