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.

what are the requisites for vat audit, at what time the client get falls under vat audit

Dear sir

I Just wanted to know that if i sale any product within Delhi then i will write output vat @ 5/12.5/20% on sale invoices, and if i sale any product outside Delhi without any supporting form (C form or any other form) from clients then i can write output cst @5/12.5/20% on invoices, is it correct???
please reply.

Thanks

Dear Sir,

We are dealer in karnataka state and our vendor also dealer in karnataka.

We ask our dealer to despatch the materials to other state. They despatched with CST 14.5%. I would like to know whether we can issue the c form if they will do 2% agst cst form.

Same state dealer can we issue the c form.

Regards,
Yogaraja.

Hi,

my company is starting export of textile materiel from India. As we are talking the material from Supplier and sell to our overseas client.

so i have to give H form to my supplier. Please guide me is their any registration required with sales tax department or alos tell how can i file the H form online.


thanks Mayur

I am curious about dealing in second hand materials. I want to know whether VAT is applicable on purchase and sale of second hand material. Please advise.

If i wrongly file Form 49 (Madhya Pradesh) and wrongly show the invoice details.
Instead of In form i issued out form,transporter wrongly mention the invoice details on it due to clerical mistake and at the check post,officer imposed penalty on us.There is any way for check post penalty waived,if yes kindly mention the case law.