We had purchased good in the month of Dec 2011 worth Rs.75 lakhs. In Dec 2012 we had to return the goods to the seller for some reason. They have provided us a credit note for the same mentioning the VAT amount separately on the same.
We had taken the VAT set off at the time of purchase.Now After more than a year we have made the purchase return.
How should we go ahead with the TAX payments?
Do i have to pay the VAT now?
or Should we just give a debit note for the same seller and make no VAT payments?

Kindly clarify the same.

Our company has purchased offset papers from a paper mill and sold those papers as it is to another party.

It means that we have just been intermediary in the sale working for the margin.

I want to know that how this transaction should be presented in the Sales tax return.The information is as follows :

Paper mill : Delhi
Our Office : Delhi
Third Party : Outside Delhi

Kindly quote all the implications of the above transaction.

Dear Expert Please explain me the full meaning of Sale Tax and Vat.what is the difeerence between sale tax and vat .

Regards
Naveen Kumar
E Mail:-nk96093@gmail.com

IN THE FORM-704 OF VAT AUDIT I WANT TO FILL ANNEXTURE-I.
IN WHICH DATE IS NEEDED IN 18/06/11 THIS FORMAT ,BUT I HAD EXPORTED DATA FROM SYSTEM AND THE FORMAT IS LIKE 18-06-2011.
I TRIED TO CONVERT THAT DATE IN EXCEL USING DATE FORMAT BUT IT IS NOT BEING ACCEPTED IN 704.
IS THERE ANY OTHER WAY IN EXCEL BY WHICH I CAN BE ABLE TO CHANGE THE DATE FORMAT?

BY OVERSIGHT CLINT MENTIONED FOLLOWING IN SOME TAX-INVOICES MEANT FOR SALE IN TRNASIT U/S 6(2)
"CST INCLUDED AGAINST C FORM"
CST & FREIGHT INLCUSIVE AGAINST c FORMS"

c FORMS RECEIVED AND ISSUED AS WELL AS E-I FORMS RECEIVED AND E-II FORMS ISSUED. NONE OF THE CENTRAL FORMS ARE REJECTED

A.O DEMANDING C.S.T ON INVOICE AMOUNT CLAIMING PARTY HAS COLLECTED THE TAX FROM BUYER WHERE-AS PARTY IS CLAIMING THAT BEING TRANSIT SALE NEITHER HE HAS COLLECTED ANY CST NOR ANY TAX IS PAYABLE BY HIM AND HE IS MERELY INCLUDING CST PAID BY HIM ON CST PURCHASES IN SALE PRICE OF HIS INVOICES.

PLZ ADVICE REGARDING:
LIABILITY TO PAY TAX ?
SIMILAR CASE LAWS, JUDGEMENTS,
CASE LAWS ON REIMBUSEMENT OF CST PAID IN SUCH TRANSACTIONS

Mr A is from Gujarat. He wants to purchase goods from Mr D of Delhi. Mr D ask Form C from Mr A.

How can Form C be obtained?

Is it necessary to give Form C immediately?

STOCK OF Rs.10, 00, 000 (TAXABLE GOODS-OF 20%VAT CLASS) TRANSFERRED FROM ORISSA BRANCH TO MAHARASHTRA BRANCH.

IN ABOVE TRANSFER:-

WHAT RATE/AMT OF TAX PAYABLE TO WHICH STATE ?



PLZ SUGGEST ME FRIENDS.

suppose, a dealer registered in noida under vat purchased marble from a dealer in gurgaon..dealer in gurgaon will charge cst or vat in his bill??

Is any circular/notification has been issued by Dept of Sales Tax for increase in vat audit limits from Rs 60 lakhs to Rs 1 Crores as done in IT Audit?

1)When dealer is liable to register for MVAT?

2)We had registered for Service Tax, Registration copy reced to us on 28/12/2012, can we are liable to file ST-3 return from Apr 2012 to Jun 2012 for which already date has been expired.

Regards,
Aditi B.