I have purchased flat in Pune,Maharashtra.
Agreement date is 27/07/2010.
Can you please tell me applicable rate of VAT on the agreement value?
How can I get information regarding this from sales tax department?
I am selling security equipments to my clients, sometimes I have to deliver the goods as it as and sometimes I need to Install the Goods at his premises. I want to know do I come under Works Contract in VAT if so can I Claim Input Tax Credit on Purchases.
Thanks
Hello Everybody...
I wish to know whether a weighing machine purchased is eligible for input tax credit on capital goods under DVAT.
If yes, do we need to obtain Tax Invoice or retail invoice is sufficient?
Kindly Consider this & reply me soon...
A tailor works by 2 ways:
1. Purchase Fabric, Stitches it & the sell clothes.
2. Client(3-star hotel) gives him fabric(rs. And in consideration he receives Job Charges.
Query : Whether the 2nd point will be covered under defination of WORKS CONTRACT under DVAT??, & thereby liable for Vat on its (Job Charges-Service Portion = Value of buttons,thread,etc.)??
A clerical mistake has happened while accounting. a) CST purchase bills have been accounted twice.These mistakes have happened in the year 2012-13. Now I want to rectify these mistakes. Whether I should cancel the extra entries and submit revised VAT monthly returns for that particular month or Should I pass journal entries to rectify the mistakes and adjust them in the current month VAT returns. or cancel the entries and record the correct entries in the Annual returns(April to March) while preparing the final accounts?
Hello friends,
one of my friend is giving hitachi and tippers on rental/hire basis . what is the vat tax implications under vat act. He is registered under VAT Act.
if vatable then what are the allowable deductions.
please illustrate me..
Hi All,
I am working in a manufacturing company , we have received input tax credit,
v have availed inputtax credit but v received a notice from excise department stating that company is not eligible to take input tax credit .
please let me know when the company is not eligible to avail inputtax credit.
its urgent
thanks in advance
Regrds,
kumar
DEAR SIR,
PLEASE TELL ME WEATHER SECURITY DEPOSIT PAID(RS. 25000/-) AT THEE TIME OF VAT REGISTRATION UNDER WEST BENGAL VAT ACT CAN BE SET-OFF AGST. FUTURE OUTPUT VAT LIABILITY.IF IT IS ELIGIBLE FOR SET-OFF THEN WATS THE TIME LIMIT.
Dear All,
My husband is doing a property developer. He enters in JD and develops the property.
he opted for composition scheme of VAT. I would now like to know should he collect the tax from his suppliers for sand bricks etc., who are unregistered dealers.
Thanks in advance
Respected Sir,
I want to cancel PT Registration, under Maharashtra Vat, whats the Doc. Required for PT cancllation.
Thanx
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Vat on flat purchase