Hi, Can any one tell me
1) what is the penalty of late filling of
vat return ?
2)what is the maximum limit of penalty for monthly vat filling return ?
3) If the party is registerd under CST Act, then what are the consequenses ????

i) Whether it is allowed to sale under VAT within Odisha at the same price i purchased, so no additional VAT to be deposited, since what ever I will collect, i will take credit as i have already paid the same amount of tax while purchased.

ii) I am in Odisha and purchase some materials from a manufacturer within Odisha and he charged 1 % entry tax. When i sale the same materials to another person inside Odisha, whether Entry Tax is applicable ? if yes at what rate and whether i can take credit of what i have already paid, in line with VAT? ssubsequent sale

Dear all,
(From Andhra Pradesh)

Someone asked me to write their account which is contract works

But I don't know VAT procedures in contract works

I asked so many persons about VAT procedures in contract works, they told some points i.e., composition scheme, pay 1% tax at the time of apartment registration, take 30% as a standard deduction, give 250 form like that but I could not get proper answer

So please explain how many types of contract in VAT and what are the correct procedures

i am waiting for your valuble reply

Dear all,

Four months back I was registered as a VAT Dealer in Andhra Pradesh

Now I want to take e-way bills in online what is the process please explain

and one more thing I paid 500 Rupees in Sales tax commissioner a/c for manual waybills

Dear sir,
One of my friend conducting trading business in kerala.He purchased good from west bengal and they sent good to kerala .While checking the material,he found that 30% and the material are out of purchase order and same will be difficult to liquidate. He planning to return back the same material to the company. Please mention what are the document should be kept for smooth transfer of material . Kindly help us.

A dealer in Karnataka has supplied materials and undertaken erection, installation of the materials in Goa. There are separate contracts for supply of materials and installation.
The dealer in Goa has deducted tax under the the local VAT laws.
Please inform
a. is WC TDS applicable on interstate sales.
b. was the dealer in Karnataka required to register in the state of goa
c. manner of seeking refund of the TDS as the Karnataka dealer is not registered in goa.
Thanks.

Dear Sir / Madam,

Our Company has given below said IT Equipments on Rentals whereas the Ownership and Possession is with the company only right to use the equipment is transfered (without operator) to the Customer:

1.Computer (servers) with Operating system and softwares
2.Printer
3.Powersupply ( UPS)
4.Display device, keyboard, mouse
5.Client Machines with operating system and proprietary software

Can you please help me with the below queries:

1.MVAT Rate on such rental incomes.
2.Why MVAT Rate should not be 12.50%
3.Schedule under which the above will be covered.

Please help.

Regards,
Gurmeet Rohra

dear sir,
i have a query regarding rate of output vat on sale of fixed assets i.e. plant & machinery & furniture.suppose a company is registered vat dealer in west bengal.if the company sales its plant & machinery & furniture to other company,then at what rate output vat will be charged & what will be the taxable amount.

If we are receiving purchase bills of previous month, can we take the credit of Input Vat? In DVAT if do not want to take the credit on that bills and wanted to show in the VAT Return , in which column we should display it? (as, if we show it in the local purchase column, then it will automatically calculate the Input itself)
Thanks..

Dear All
Please Give me a answer on following example
Amount Tax Amt. Tax@
CST Sales @ 2 630000 12600 2%
Local Sales @ 4 370000 14800 4%
3700 1%

Amount Tax Amt. Tax@
Local Purchase@4 335000 13400 4%
3350 1%

How CST disallow against Input Tax Credit, and how much VAT is payable after disallowing the same.

Applying Gujarat VAT Rules