hi dear all,
Can be Print Vat and Cst Return from Maharastra Commercial Site as we have print
only ACKNOWLEDGEMENT ONLY..
Please suggest

A Tailor works in 2 ways :

1.Purchase fabric, stitches it & then Sell it. [Sale value Rs.8lakhs p.a]

2.Client(3-star hotel) gives him Fabric(prnciple Raw Material, he stitches it by using Thread,Buttons,etc.(incidental material) on his own & then Return the Clthes to Client for their waiter. [Job Charges: Rs.7lakhs p.a]

Query: In opinion of a CA he is liable to register under VAT as 2nd way of doing work is covered under Works Contract [& total turnover is more than 10lakhs(8+7)]. Is he correct??
In my opinion 2nd way of work is pure service work as thread,buttons,etc are incidental materials, & therefore not covered in Vat as W.C.
Plz Guide me!

Can we upload mahavat returns without filing late fees? the message " clear cache memory and refresh website" is for which errors?

Dear Experts,

What can part of Invoice value for Vat (Karnataka) billing and on what value entry tax need to be paid under Karnataka entry tax ac 1979.

This is urgent pl....

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..