What will be the Entry if i Pay VAT on Purchase of Furniture.

For eg the Bill is as Follows:

Bill Amount 10,000
VAT @12.5% 1,250
Total 11,250

Reply ASAP

DEAR SIR,
I HAD MADE AN ONLINE PAYMENT, BECAUSE OF SYSTEM PROBLEM THE BANK HAS BEEN DEBITED TWICE BY THE SAME AMOUNT.
KINDLY SUGGEST ME THE WAYOUT FOR THIS DOUBLE PAYMENT.
THERE IS NOT MUCH ADDITIONAL LIABILTY SOFAR IN THE SAME FINANCIAL YEAR.
CAN I ADJUST THIS IN THE NEXT YEAR PAYMENT IN APRIL 2013?

Dear Experts

1: Please confirm, whether Entry Tax Applicable for Machinery Purchased directly from a "Local Manufacturer"

and also confirm

2. Who is liable to pay Entry Tax for the following E-1 Transaction.

We(Bangalore) have purchased a machinery from Mr.X(Bangalore) who is an authorized dealer of Mr.Y(Mumbai) against C Form.

Hello everyone,

what is the due to date for filing MVAT return with annexures for quarterly and half yearly returns ?

Is VAT applicable on semi stiched textile products (Saree/dress). I know that it is applicable on Ready made garments but not on Textile products.
2. Can retail shop selling both readymade garment & exempted textile product get full input VAT credit on purchases made commonly (like printng & stationery, designer material etcs)

It would be compulsory for doing Vat Reg.under Form 101 in name of XYZ( main Co.) where one of its new branch is dealing in Retail now ??
Plz Help ..

Dear Sir,
I want to know to buy a flat under construction at Mumbai what rate of tax( Service tax and VAT) I have to pay now
and If I want to buy after 100% completion of building should I need to pay Service Tax and VAT.
Thanks & Regards.

Does late filing of VAT Return in the First year attract Penalty....

Dear experts,

I Have one Doubt in VAT.

We are a Company 4 no's Tippers Purchased in the year of 2009 In AP Only .Now we are proposing to sale that vehicles with in AP, at the time of purchase we are not taken in put.


what my question is At the time of sale VAT is Applicable or not ,If Applicable what is the rate of Tax.

Please Help me in this Doubt

My client wants to take his goods from coimbatore to trichy to his friends house to sell goods from his friends place for two days. what is the sales tax procedure as per TNVAT?

Urgent, please help.

Dear Experts,


A company in Kolkata has imported machinery and consigned it directly to its sister concern in Maharashtra and allowed to use it on lease. in this case, can the arrangement be done in this way to avail MVAT Credit to the sister concern:

the lease agreement shall be between Maharashtra company and the warehouse of Kokata company in Maharashtra. thereby, the warehouse, having sales tax number, shall charge MVAT on the lease rent of machine and the maharashtra co can use it as mvat credit.

please reply.