is vat registration compulsory for importing goods and selling it domestically?goods are lubricants
A new company of nine months, Nil return filed for first quarter. Few months back, it's TIN got cancelled, however reason not known because of non receipt of notice. Should we further write an application to sales tax to find out the reason for cancellation or we should apply for a new TIN. Suggestions highly appreciated. Thankx!!
Dear Expert
I appliying for Form E1 for Sales in Transit, There is one Column in E-form 1( Corresponding C form Number)
My query whether it is compulsary to fill the C form Number from party to make application for Form E-1
Thanking you
Dear Sir / Madam ,
Mr. A (Seller) Sold his Goods To Mr. B ( Buyer) on 01.12.2017 , But Due To Some Reason That Goods is Not Accepted By Mr. B and Again That Goods Is Received By Mr. A on 01.03.2017 With Original Invoice (Not With Debit Note ).
My Question Is In Above Circumstances , What Can Mr.A. Do ? Can Mr. A Cancel Invoice or Clear Invoice By Creating Credit Note.
At the time of reg. Under Dvat, I m trying to upload rent agreement of 4 pages in PDF. Dvat requires Max 100 kb. How it is possible to convert 4 pages in 100 kb without loosing quality.
i want to buy a hyd excavator in w bengal which cost is about 50 lakhs rupees. can i get relief if i get C forms from comm tax deptt of w bengal? How much i can save if i issue C form to seller of this machine?
Regarding Kerala Value added Tax-In PL account total purchase is 60 laks and his sales is 40 lakhs (he has stock also say Rs.25 lakhs ).
whether he is liable for audit(audit limit is 60 lakh of total turnover)..?because “Turnover” means the aggregate amount for which goods are either “bought” or sold(definition is same in many state VAT Acts),…… and in this case his turnover is 60+40=100 lakhs. is it correct..?pls explain.
If he is not liable(ie turn over took as 40 Lakhs) please tell me what is the meaning of word “bought” in the definition..
and whether purchase of goods bought would be considered as turnover in any other context along with sales.
Please help me with any case law if there.
i have doubt on calculation of turnover. for example my purchase( excluding vat) 2400000 and sales (excluding vat) 2700000. input tax ( VAT) 400000 and output tax ( VAT) 450000. so now my doubt is how to calculate turnover. turnover includes total sales and excess VAT I paid or sales and total output VAT I paid ???
we are constructing new building for business expansion
we need to deduct TDS & WCT or don't deduct.
1. Bills for Pre-Engg. material received with VAT
2. Bills for Pre-Engg. Material received with VAT and Service tax
3. Electrical engg. related supplier bills with VAT
4. Electrical engg. related supplier bills with VAT and service tax
5. Civil construction bills
6. Mechanical engg. material with VAT
7. Mechanical Engg. material with VAT & Service tax
Some one is fixing a stone (i.e. Diamond) In gold item. gold item is supplied to him by manufacturer. He purchase storn from market and fix on such gold item and charge the labour charge along with price of stone. Is vat or service tax apply on this .
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vat registration