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hemant garg
05 January 2017 at 18:56

C form

i file all qtrly return of vat rajsthan and also annual return but i forgot to meintion one inter state purchses. and party want c form from me . please sugest me some solution what i do to obtain c form of that purchase . i filled my annual vat return please give sugesstion as soon as possible


REKHA.AR
05 January 2017 at 11:41

E filing

A person in tamilnadu doing vessels rental business and he also doing pandal and shamiana for his customers.Is he liable to file vat returns then how to calculate input tax and output tax? and what is the rate of tax applicable for him? he did not purchase anything and paid tax on purchase...
Thanks in advance


sujit
05 January 2017 at 11:32

entry tax?

what is the meaning of entry tax in Karnataka? is it imposed while transaction between state to state or it is imposed in transaction within the state also?


risha

Dear Sir/Mam,
I am going to start a business as a sole proprietor for which i am in need of VAT registration to start my business. Please advice me whether it is the time that i should opt for VAT registration or i should apply for GST registration. As on today, GST is not in practical applicabiltiy.


Vinayjag
31 December 2016 at 14:33

Coconut Rope Sales

Did Vat levied on Coconut Rope Sales?


sandeep
31 December 2016 at 08:01

levy of vat

respected expert please guide me,my concern is that my client is a new trader in Delhi and his turnover is 5lakh and want Tin number by getting voluntary registration. I want to know that if he obtain Tin number voluntary at 5lakh turnover then he should start charging vat on his sale or he is required to wait till he cross threshold limit of 20 lakhs



Anonymous
31 December 2016 at 00:33

Bank a/c requirement for vat registration

I wanted to get VAT registration in Mumbai but the issue is bank account in the name of proprietorship concern is required for that. And for opening a current account in the name of the proprietorship concern VAT registration no. is required. Can I apply for vat registration without having a bank account. Shop License can also work instead of VAT registration no. but the problem is I will be operating the business from my home so there is no shop license. Please guide asap on the matter.


prasad kilari

prasad kilari CA - PCC,CWA-Inter Follow Hi sir/Madam, I am running prop. business in bangalore i have a situation that in FY2014-15 couple of months i have filed Vat 100 as a nill return but in that months i have both output and input and i have shown in Vat Audit 240. Now my file has got scrutiny and they have send demand notice stating that the department has taken vat 240 out put and they left input and asking for tax payment . so please help me out to solve this transaction currently my file is in Division they were telling to go for tribunal so as per my business there is no leakage of revenue and i have shown clealy in VAT 240 but they were considering only Output and excluding Input please help me out ASAP


Ankit Sharma
25 December 2016 at 16:28

50% profit margin on sale. is it bad?

Hello experts, for an ecommerce handicrafts business if we have 50% or more profit margin will it be a problem for vat tax filling. for e.g.: when we purchase products worth 1lakh we have to sell it for At least 2lakh (to cover our expenses of courier and packing). because of this our turnover goes above 2lakh on purchase of 1lakh. so when we file our VAT my CA said we can't go above 50% profit margin. But my question is actual product selling cost is not much but our other expenses to sell those products are high. so is there anything my CA is missing. Is it really not possible to have more than 50% margins. please suggest.



Anonymous
22 December 2016 at 18:19

One tin no in two state

Can i do business in two State at a same time with one tin no in two State which is registered in one State.
Eg : my biz Reg. In mp but i want to do biz both mp & Raj by open two diff. Branches in both State. Can I use mp's tin no in rajasthan for trading.
Plz help me....






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