I received a government grant of Rs. 10 lacs against purchase of fixed assets in manufacturing unit and i less this from my fixed assets value during its capitalization but vat assessing officer says that you done evasion of vat when you sold this. How i can solve this problem in future.
Dear Sir,
Kindly advice us which form has to give that our company it is in tamilnadu we have purchased a machinery from pune party, not for directly, pune party has a other buyer who is in tamilnadu, the main seller has did in invoice the buyer address the other tamil nadu party address & delivered Machinery to our company.
I request you kindly advice us which statutory form has to issue the parties.& which form has to collect form the parties.
Dear Experts,
Can anyone tell me what is the Composite VAT rate & turnover limit to avail the Composite option.
We are into Construction business from Karnataka,
Regards
Dear Experts,
We are going for registration of VAT..
Now I would like to know
Should i go for Composite VAT or Full VAT.
We are into Construction Business from Bangalore based i.e Karnataka.
I would like to know Composite or Full vat if Composite? Why so with details explanation and vice a versa.
Best Regards
A company was at its initial stages and during this period the company had purchased materials for factory bldg,plant and machineries by paying local Mvat taxes and there is no sales during the year under review.The company is claiming refund of vat taxes paid on purchase of plant n machineries.What is the latest position as per amended retention Rule 53(6)?.Whether the STO can disallow the whole set off U/R 53(6)under the plea that there is no sale during the yr.Pl.give Maharashtra Tribunal decision or DDQ favouring the dealer allowing full set off on plant n machineries.
Sir,i am a contractor in maharashtra and during year i received 1)100% labour receipt of Rs.550000/- toward labour work in one company. 2)received Rs.121000/- towards civil work,in another company,and in this i made taxable purchase of sand Of Rs.35000/- including VAT of 5% in tax invoice.
Sir,can i liable for MVAT registration? because i need it urgently. plz clarify. its urgent,,,,,
respected to all of you,
can you please provide the information regarding the forms under VAT which are as
C form
H form
I form
E1 and E2 form
please explain it when they are required with example if possible
Dear Sir
we having office in bangalore (karnataka)selling goods to our customers located in bangalore (karnataka) only.
now d problem is the billing address is bangalore (karnataka) and the customer asking us to ship the material to tamil nadu.
so in invoice billing address in karnataka and shipping address is tamilnadu.
in this case whether we have to charge local VAT or CST ? pls clarify with some proof
thanks in advance
Hello..
We are foods and beverages manufacturing company, we have taken a passanger carrying vehicle (Force Traveller T-26)for cayyying our employees to work sites.
Please let me inform that as per (Mahatashta State VAT Law) whether we can claim VAT Cr. for purchase of that passanger carrying vehicle (Force Traveller T-26)??
Your quick response is needed.
Thanks alot.
I RESIDE IN THANE (MAHARASHTRA), I AM GOING TO BUY A READY POSSESSION FLAT(I AM FIRST PURCHASER), THE BUILDER IS CHARGING ME VAT AT THE RATE OF 1%, SO I WANT TO KNOW IS THERE VAT LIABILITY ON IMMOVABLE PROPERTY AND AT WHAT RATE AND HOW IT WILL BE CALCULATED ? PLEASE SOLVE THIS QUERY AS SOON AS POSSIBLE.
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