sir
A company abc Pvt ltd. sales his goods @ 2% (central sale agisnt c form) to xyz Pvt ltd. in the first qtr of Rs. 1495360/- and he get the goods return 380900/- in this qtr from xyz pvt ltd . my query is that xyz will the the c form of the total sale value or net sale value (sales - sales return). please clear this prob.

I m in the business of investing in rooms & selling it within a year. I don't purchase it from any Builder, I purchase it from individual parties and sell also to individual parties. My query is whether,

a) Vat is applicable to me?
b) Till now I was filing my return under capital gains, now whether I have to file income tax under Business or Profession as the volume of dealing has increased considerably.

Please clarify

Zamir shaikh

Hi Sir,
i am C.A Final year student, i had never file vat return but now i have to file vat return of my brother so please suggest me Entire Proceture of filing vat return.

Sir We are mfg. and Make a Sale by way of Stock Transfer from West Bengal to Orissa
CAn I availed Input tax creditif not How can we calculate TAx on the same

i am a dealer in karnataka registered under cot scheme for civil works contract. as per our friends instructions and service tax official instruction i have raised my contract bill 60:40 ( 60% for material and 40% for service).accordingly i have collected service tax and since i am cot dealer i have not collected vat. However on 60% of the invoice value i have paid vat. now one on vat audit official asking to pay on 40% of the value also. is it liable to pay. kindly guide me in this regard.

1 of our clients is p'ship firm, it does not deduct PT from salary of employees. does it liable to deduct??
the partners are paying 2500/- annual payment for PT

Does p'ship firm liable to deduct PT from salary of employees??

Reply asap

1. What is the penalty or fine amount for the late efiling of Jharkhand VAT return (Monthly & anuual).

2. There is no liability of tax as we already have excess input VAT Credit.

3. What is the last date of efiling of JVAT Returns (Monthly & anuual)

Dear Member,

Kindly give us detail procedure for issue of "C" Form in Jharkhand State.

with regards
CA Ashok Sahu

Which documents r required for add a new business & Place in proprietorship in Maharashtra M vat

Builder/contractor pays VAT on purchase of building materials for that they will get input vat credit.such input vat credit will be added to cost of the asset or recovered separately on sale of building from buyer.in what ways they can recover such input vat credit.