Dear Sir/madam

If i purchased goods from local (with in the State) with VAT paid, and sold it the same to other state dealer who are unregistered (not under Form C). can i claim input VAT Credit?

for example:
_____________________________Value_____Tax
Purchased(local)_____________1000______VAT 125
Sales(inter state@12.5%)_____1200______CST 150

How much i liable to pay tax?

Dear Sir,

I have a doubt about E1 Transaction...

"A" is in banglore-karnataka who sells the goods to "B in chennai-Tamilnadu....

The goods and the title are transferred (Endorsed) by "B" directly to "C" in coimbatore-Tamilnadu on the movement of goods...

Is this E1 transaction under CST ?
(or) How to treat it?

Please advice me...

If A Company is having Office in Guj State & it has locally procured some goods in MP/ Raj State to be used at its site(since bill of the same state, VAT is levied) is ), whether we can take the ITC of VAT of MP/ Rajasthan in Gujarat.

Dear sir,

Is there any provision in the West Bengal VAT act that if we have purchased the good from the unregistered seller we are required to pay VAT or any other tax to the state government.


Assumption: We have consumed such goods in our business i.e. we have not sold such goods and thus goods never get taxed.

looking forward for your quick response.

Sir,

I have purchased the goods from outside west Bengal on which i have paid CST.

I also sells the goods outside West Bengal on which i am required to pay CST.

So sir, whether I can adjust the input CST with the Output CST.


Looking forward for your quick response.

Dear Sirs,

Our Firm ( M.P. Based) had purchased a Machinery of our Local dealer (seller) located at Bhopal of Madhya Pradesh , based on E1 transaction. and this dealer of M.P. requires C-Form.

Here I want to know the E1 transaction in following my confusion :
1: can we issue the C-form to party of whithin our local M.P.
2 : In this this case, Who will issue the E-1 form for C-form support.

3: whether c-form will issue first or E-1 have to receive first?

request to clearyfy my confusions.

thanks & regards
d.k.soni
Sr. Accountant,
Bhopal (M.P.)

WHEN WE ARE PAYING VAT WE DEBIT TO P&L A/C & CREDIT TO BANK OR CASH A/C BUT WHEN IT IS NOT SHOWING IN P&L THEN WHAT I MEANT???? WHERE THEY DEBITED VAT PAYMENT

Sir,
i understand what is reverse mechanism,it is the situation where service receiver pays the tax instead of service provider,but i am confused in which situation is this concept applied?

Respected Sir/Madam,

Please tell E1 and E2 Sales procedure if the case is this:

We, a party from Jaipur are placing a purchase order to a party from Jaipur and that party is further placing an purchase order to a party from Mumbai.

Please also tell which party have to issue which forms and whether this type of Purchases are to be shown in VAT return of ours.

Regards.

Sir,

i work in a developers office. we had placed construction of swimming pool order to a company. now the company has raised a bill in which they have claimed 67% of the bill on COT % and 33 % of the bill on 12.36% service tax.

Know my question is can i claim input tax credit on the 4% cot amount that i have paid.

please clarify.

Regards
K A