Respeted al CCI expert,
Please tell me whether turnover or gross turnover liable to vat audit?
And what includes in turnover of sale?
suppose,
I have net sales (exluding vat) Rs 5800000.00 and vat on it is Rs 225000.00 whether I am liable to vat audit under mvat act.????
i want to know the vat rate applicable on restaurant's bill in different states of india and the assessable value on which such vat will be levied.
can we purchase capital goods against C Form in delhi ?
Is there taxability when goods are sold when they are stored in customs bonded warehouse, before clearance from warehouse?
Hello Sir/Madam,
While applying for PTRC No, we made mistake in the name of organisation, we got Request ID and There is no option for Name Alteration now How do we Proceed?
My company's Roc Registration is in Mumbai. We are into builder & developers. Now our project is running into Gujarat. So Vat registration should be for which state is required. which state's vat rules will be applied to our this project.
please guide.
Dear Sir,
We are the contractors and registered under societies act and handling only government projects around 35 crores annual turnover and at present we are in COT. Now we are planning to convert cot into vat. so please guide us which most appropriate and safe in terms of taxation.
An individual as a proprietor is running a business name styled XYZ STORE in Gujarat having a VAT registration no.
Now he wants to start a new business as a proprietor only with other name styled ABC STORE
whether he required to get new VAT registration or he can run new business with above same registration no? Please Clarify.
Hi all,
We have awarded works contract for our new outlet in kerala to our routine vendor who is register in Tamilnadu.
will the provision of WCT TDS apply on this transaction in state of kerala ?
What does section 10 of KVAT is talking about ?
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Turnover for vat audit under mvat act