Hi sir,
If a company is not selling and purchasing anything and it want to use the e-sugam for transportation,is it necessary to register for vat?
Thank you
Co A owner of a warehouse gives space to Co B a distributor of certain goods on which VAT is applicable, Customer of Co B directly take goods from Warehouse.
Now what type of compliance are applicble on this transaction do Co A needs to take VAT registration ?
Shrey
My Company is a construction Company it has purchased one Inverter base Welding machine & as per company rule this is to be taken in asset (Plant & Machinery). SO may question is that can we can take the VAT input in this case.
CAN SALES TAX PAID BE CLAIMED AS AN EXPENSE IN THE P&L A/c of A Proprietorship concern
Hi,
We have taken VAT Credits on the F.Y.2010-11 on Invoice’s is related to the F.Y.2009-10
e.g. invoice date is 25.03.10. and Material & invoices physical received in month of April -10 ,Hence we have booked in n Apr-10 & claimed of set off in F.Y.2010-11
Is it valid please share legal supports –case law/Notification /sec reference etc…..
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Dear All,
A trust is located in Maharashtra and wants to setup its activity (related to service) in the state of West Bengal for which few machineries shall be bought in West Bengal. Can the said machinery be purchased against C form when there is no output tax and besides if it is purchased from West Bengal can the setoff be refunded if the trust gets registered as casual dealer?
SIR,
MY CLIENT IS PREPARING ACCOUNTS ON CONSOLIDATED BASIS FOR DELHI(HO), HARYANA AND PUNJAB BRANCH.
WHEN WE FILL DVAT REPORT FORM, THERE IS A REQUIREMENT TO FILL DETAILS OF PROFIT AND LOSS A/C AND BALANCE SHEET.
I NEED TO KNOW WHETHER I FILL THERE CONSOLIDATED FIGURES OR THE FIGURES OF ONLY DELHI BUSINESS.
PLS HELP. ITS URGENT..AS REQUIRED TO BE DEPOSITED UPTO 2.12.2013
Whether the transportation cost or freight paid on purchase are liable to VAT or CST in the following case,
1)Transport cost is added in the invoice
2)Separate debit note issued by the vendor for transport cost.
DEAR SIR,
CAN ANYBODY TELL ME WHAT DOCUMENTS NED TO BE CHECKED IN CASE OF HIGH SEA SALES DURING VAT AUDIT.
DEAR SIR,
A is the Material Suplier(FIRST SELLER) in Mumbai (Maharastra)
B is the Buyer / Dealer (FIRST BUYER/ SECOND SELLER)also in mumbai(Maharastra)
C Customor(SECOND BUYER)in Chennai (Outside maharastrA).
B PURCHASES MATERIAL FROM A(LOCAL PARTY)BUT DIRECTS IT TO DIRECTLY SEND IT TO C (OMS PARTY)INSTEAD OF B RECEIVING THE GOODS AND THEN SELLING IT TO C. PLEASE TELL WHO WILL ISSUE WHICH FORMS (C//E1/E2). ALSO TELL WHICH TAXES(VAT/CST) WILL BE LEVIED BY WHICH PARTY WHILE SELLING THE GOODS.
PLEASE REPLY SOON ITS URGENT!!!!
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
E-sugam