my client product cover under schedule A i.e.(manufacturing of rice). so state whether he is liable for mvat audit as manufacturing exempted goods i.e.0% vat.

I work at Jewellery Industry.
In jewellery Vat rate is 1%.

If I sell outside Maharashtra against C Form, & I dont get C Form, is there any differential tax liability at the time of business audit ???

As per my knowledge, rate charged is even below 2% which is supposed to be charged in case of C Form in other industries.


So there is no need of C Form where Local rate itself is below 2%.


Kindly clear ???

dear sir,
i am working in pvt firm i forgot to file the rate wise detail of closing stock now i have received FORM DVAT-24A FROM D-VAT OFFICE TO DEPOSIT RS. 10000 AS PENALTY FOR NOT FILLING THE ABOVE MENTIONED DETAIL IN TIME, I AM IN DEEP TROUBLE AS MY OWNER GOING TO DEDUCT THIS AMOUNT FROM MY SALARY.CAN THIS PENALTY REVERSED OR CAN I FILE APPEAL AGAINST IT AND HOW TO FILE

CAN ANYONE BAIL ME OUT KINDLY GIVE YOUR ADVICE URGENTLY. THANKS

Hello Sir/Madam,
Our client has mentioned under 'commodities dealth in" in the applicationf or TIN as RO/UV Water filters. Now he wishes to expand his business by dealing in other home appliances as well. Is this ultravires the KVAT Act? Or should he apply for a new TIN to deal in a different set of commodities? Kindly provide me with a response.
Thanks in advance.

To,

Dear All

We are purchasing material from authorized dealer of Reliance, after the excise duty he add the freight charges and levy the VAT on total, now my question is that whether to show freight separately or include it in the net purchase amount.

Thanking you

Please clarify on the above subject. In case the ITC Vat is admissible, is there any notification for this.

i have 3 questions
1).A builder who registered under K VAT law as a works contractor & opted to pay composite tax i want to know wether advance payment received against sale of flat is taxable or not ?
2.) If the sale agreement is divided in two agreements
a) for sale of undivided share of land
b) for construction on land then what is liability under KVAT?
3) the same builder is not yet registerd under service tax is he liable for service tax on the said above transactions?
:) guide me

I want to know if i purchase with tax invoice and after then company which whom i have purchased credit note to us for price equalization or trade discount including vat on each tax invoice.

so it means when i purchase i take input tax credit of purchases but after credit note,
do i need to reduce that input vat whenever that credit note was ??

Sir/ Madam,

One of our client has not received C form for the F.Y.2008-09 and has received VAT Assessment Notice for the same period. The STO has told us to pay interest on the differential liability till date and 100% penalty u/s.29(c).But we are not getting any information related to the above section.

Kindly reply to the query as soon as possible.

Dear sir,

Our company is Pvt. Ltd. Employee Professional Tax for FY-2011.12 is Rs.12025/- paid in nov.2012

but till date we have not file e return.
kindly advice me....what is last date of filling return & panelty ?
can we file e return now ?

Thanks...

Regards,

Rajendra