we are a central government organisation proposing to enter into an hiring contract for photocopiers. The firm had quoted VAT extra but not service tax. please confirm whether VAT is applicable on this contract?
Dear All,
My problem is that my firm is not having registration number as it deals in items which are expemt from Sales tax. Now my company wants to send some machinery items from Delhi to Punjab amounting to Rs. 4,00,000. As this is a one time transaction so want to know whether we have to take registration no with sales tax department or there is other way to send material as this is a one time transaction and value of the material is only 4,00,000
Looking forward to your favorable reply and thanks in advance
Gud morn, Sir
I am newly appointed in small firm its name Digital Press,. It making albums, photos, camera selling, lamination works, banner, Printing on cloth and Mug. so kindly replay as early as possible which taxes are effect in this. It's Partnership firm. We have got a TIn , TAN & PAN Number also.
We have given catering contract in our factory.And we are deducting the Full VAT Amount5.5% as VAT TDS and remiting montly and submitting VAT 126
Following are my quarries.
1) what is the correct rate of TDS applicable.4% or actual VAT charged by the caterer?
2)What is the procedure to issue TDS certificate.
3)Specimen of format of TDS
Sir i have to revise return of july 2012 with persuance of notice from departent. now my question is that i have by mistake taken less input credit and on revising return it will effect on all other returns because of credit brought forward. please suggest is it mandatory to revise all the returns or any other solution.
Dear Experts,
Is Vat Registration compulsory for dealers who are oly selling VAT exempted goods like Towels, Bedsheets etc?
There is stock(Juice) of Rs. 85.2 lac on 31-03-12 in Delhi which were transfered from HO in Tamil Nadu. Now it is expired and can not be used. Can we transfer all stock to back to HO. We have taken form F from DVAT. What are vat implication.
Dear all,
In my client doing a manufacturing business, they using packing materials to send a safe goods. can we take that purchase tax of packing material as ITC. or it treated as expenses.
Sir,
Whether The turnover limit for vat audit for F.y.2012-13 is Rs. 50lacs or 1 cr.?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Applicability of vat on hiring of photocopier