Guar Purchased is Exempt.

Guar Giri which is processed from Guar is also exempt.

But if Guar Giri Powder is made through Guar Giri, Then it will be exempt or not.if not what will be tax rate under Haryana VAT.

As per schedule Guar Flour is exempt, can we say guar Giri Powder as Guar Flour.

Thanks in Advance....

Hello,

If a dealer pays vat on job work, can he claim input credit for the same? And what is the tds deduction procedure in these transactions.

Works Contract T clarification Hello! we have executed an order for the supply of electrical switchboard and installation. the supply and service has happened from Bangalore to SEZ in Chennai.the customer has deducted 5% as WCT. we were earlier not informed of this. my query is 1. if we have supplied from Karnataka, is the customer allowed to deduct? 2. The supply invoice and service invoice are separately submitted. can they deduct on the complete purchase order value? 3.Is such deduction of WCT refundable under the I.T. act? Pl reply. Bhavesh Mehta

what if a company in Gwalior(MP) purchases raw from both inside MP & Outside MP so on which purchases it has to pay entry tax and on what not to pay.

IN UP VAT does we have to pay VAT on marginal discounts given in invoice.Supposing a discount of 250 on invoice of 45000.

I have a client, which made a contract with his Supplier for delivery of certain goods. Contract says that Out of 100 Goods, supplier will sell 5 goods Free of Cost.
Now, Supplier Raised the Sale bill amounting to Rs 59 Lacs (only for Excise Duty Purposes). They have not charged any CST on the same since value is nil. It is also written there that Basic Value Free of Cost.
I would like to know that whether Entry Tax is payable on the same or not. If payable then on what amount?

Hello,

We were liable to pay Rs. 0 VAT and some amount for CST in the quarter ending March '13.

We have payed the CST (have a challan for this), but the filing was not done for VAT or CST.

Are we liable to pay a penalty? If so, how much is the penalty?

Thanks.

Hi
I am an exporter I need to issue a form H to my vendor from where I bought merchandise. Please advise can we Issue one form for the whole year or it has to issued quarterly.
We are located in UP and the vendor is in Punjab.
Please advise.
Thanks
Anoop

Sir, I am SIva from Tamilnadu running a small medicine retail shop. I am registered dealer under TNVAT Act. Today i have received a notice from CTO(Assessing officer) regarding reversal of ITC for the period Jan07 to Mar07 and April 07 to Mar 08 (two years).
Due to delay in filling the returns Form I for both the F-Y (06-07 and 07-08) on 05.06.2008. Also they stated the ITC claimed during the two financial year respectively Rs.21337 (06-07) and Rs.118325 (07-08) has been reversed for non filling of returns on due date (within 90 days or within financial year ending) as per TNVAT Act. If there is any objection on this proposal of reversing this ITC should file thier objection on or before 31st of this month.
Kindly suggest me face the problem and help me sir...

Note: Reason for non filling of returns is lack of knowledge in filing the returns at the initial stages while implementing VAT. Also they have collected C Fees Rs.500 each year for the delay filing while filling the returns on 05.06.2008..

Dear Sir

Can you please explain:

We suppose (A)Hyderabad are purchasing material from a trader B (in Hyderabad) i.e.local purchase. He is purchasing material from C outside State dealer. Now B is informing A that he will make a sale in transit from C. Now B is asking C From from A. Kindly inform who will give C Form to whom and other sales tax forms.

REgads