One of my Assessee had claimed VAT Credit on purchase of Capital Goods. Afterwards, the Co. received subsidy from the government against the same Machinery. Now, VAT Department demands the VAT Credit to be reversed proportionately. However, there are no provisions regarding reversal of ITC on receipt of subsidy under GVAT. Is my stand legally tenable? Please make reference to case law, if any

Our supplier supply us ready mix concrete at construction site by charging excise duty and lumpsum amount of VAT

They issue us Retail Invoice

My question is should i need to pay VAT Under Gujarat Vat Laws???? and if yes at what Rate???

If i do not pay VAT what will be the consequences?????

Dear All

Our client is a registered dealer under VAT and makes sales only within Bangalore. Is e- sugam applicable to us

dear expert i have filled annexure 2a&2b for 2nd qtr. after it i have filled dvat16&form1 now i tried to approve the return but there is error... save return form i am unable to fill 2nd qtr return... plz suggest me what should i do.... as we know the dvat site is quite implemented',, some part of return filling has also changed plz help me on the return procedure...

in which amount of sales/service (minimum sales)required sales tax registration ?

pls explain the implications of VAT in works contract where 1) contract is of composite nature and no material is supplied by contractee for for the contract. 2) contract is of composite nature and free material is supplied by contractee. 3) contract is of composite nature and material is supplied by contractee on cost recovery basis .

Dear Sir,

What is WCT output Tax and if our Vendor has charged WCT output Tax, do we have to deduct WCT TDS inclusive of WCT output tax amount

Pls confirm

Regards
Ramaswami

Please give me explanation of bihar vat

Hello Experts,

We sell our manufactured items @ 6.05% (including surcharge). I have following query regarding input tax credit.

1. For packing of goods we purchase plywoods, etc. @ 14.30% (including surcharge). Whether we can claim ITC at full rate or @ 6.05% only?

2. We use lubricating oil, etc. in production process @ 14.30%. Whether we can claim ITC at full rate or @ 6.05% only?

3. For electric motors and AC drives purchased for installing on machinery to be sold AND also sometimes used for own machinery as Capital Goods both @ 14.30%. Can we claim full ITC for both purpose even if we sell our item at either 6.05% or 2% against form C?

Thanks in advance.

Sir, MR KHOPTE A PROPRIETORY CONCERN NOT FILED A RETURN UNDER MVAT FOR FY 2011-12 AND FY 2012-13 . IS HE CAN FILED THE SAME UPTO 30TH OCT 2013 . OTHER QUEERY IS HE WILL GET SET OFF BENEFIT AND TDS ON VAT DEDUCTION FROM HIS TAX PAYABLE. CAN I FILE HIS RETURN ONLINE NOW ALSO. PLEASE GUIDE THE SAME. REGARDS AND THANKS