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.

If input tax credit is not taken will there be any implication in vat audit?

I M SELLING GOLD JEWELLERY REGULARLY.I PURCHSED MACHINE OF 200009/-WITH VAT CHARGED RS 25000/-... MAY I GET VAT set off agaist gold jewellery sold..

Dear sir,

our client has sold goods online,
those send goods to direct customer and customer is O.M.S and deler are in mumbai and adress of bill in mumbai so our client charged CST OR VAT?


THANKS,

SUBHASH

Our company is situated in Bangalore. Billing address ( Customer) is bangalore but the material should be delivered in Kerala. Should the bill be raised under VAT 14.5% / CST 14.5% (without 'C' form)? Pls clarify in brief