Dear all,

in andhra pradesh CST number and VAT number is same but i saw some out of state bills in that VAT and CST numbers are different and different format also

please kindly explain is there difference in CST AND VAT numbers in other states

How to prepare for the assessment of Sales Tax

Sir please provide me details which required in prepare of Sales tax assessment.

Reply as early as possible

I am registered VAT dealer in Gurgaon. I wish to buy goods from a manufacturer in Gujrat and hence I need to pay excise and cst (2%). And i have a buyer in Chennai and I want to deliver the goods directly from Gujrat without first bringing the goods to Gurgaon.

Please tell me that can i do so, without anyway increasing any hurdles in terms of tax?

Hi Friends,

Please advise me,what is the TurnOver limit for filing of Form -240 Fy-11-12.

Beacusse we have to file 240 befor 31st Dec-12.


Thanks& Regards,
Mithun

I have taken subcontract of Indian oil corp work from main contractor.Main contractor has made my payment after deducting his VAT @ 4%(As IOCL deducting 4% VAT while releasing the payment).Now the dept sent notice to me to pay VAT on the amount I received.I am in Karnataka
Please help to how to go further

Thanks
Neelesh Kulkarni

BUSINESS 1: WHOLESALE BUSINESS
MVAT COLLECTED ON SALES & MVAT PAID ON PURCHASES MADE IS DONE IN NORMAL MANNER

BUSINESS 2: RETAIL BUSINESS
SALE IS DONE @ MRP
MVAT IS PAID ON PURCHASES MADE FOR RETAIL BUSINESS

QUERRY:1.)WHETHER MVAT PAID ON THE PURCHASES MADE FOR THE RETAIL BUSINESS CAN BE SET-OFF AGAINST THE SALES OF WHOLESALE BUSINESS

2.) CAN THE DEALER DO THE REVERSE CALCULATION OF MRP & BIFURCATE THE MVAT COLLECTED AMOUNT FROM THE TOTAL MRP COLLECTED & THEN SET-OFF THE MVAT PAID ON RETAIL PURCHASES AGAINST THIS MVAT COLLECTION SO BIFURCATED?

I had purchased DEPB licence of Rs.1,00,000 and paid output tax of Rs 5000/-. The said DEPB licence was utilised by me for payment of custom duty for import of goods meant for resale. Can tax paid by me for purchase of DEPB is allowable as input tax under Delhi Value added tax Act,2004. please give relevant case law.

What is the Rate of Tax for Alluminium fabrications under KVAT Act 2003 and also I want to know Composition rate of Tax for this what is the service tax amount we need to collect on this, how to calculate the service tax

CST payable Rs. 6 lakhs, Input Tax Rs. 10 lakhs & Output Tax Rs. 5 lakhs. What is the tax liability?

hi

Please tell me Vat on what amount of a restaurant bill(Food + service charge or only on food) and at what rate should be charged.
Restaurant is gurgaon based.