Dear Sir,

Our construction project is going on our Karnatak – bangalore,
We are raising the RA bill no.01 for the work completed period 21.07.2012 to 25.08.2012,
The bill we are submitted to client on 03.09.2012 & client has been certified the bill, but the only think is payment is pending.

Please suggest us, which month we will consider the monthly VAT RETURN,

Whether it is August month’12 or September month’12

AND PLEASE BRIEF,

Regards,
s.magesh

whether there is any change in rate of vate currently


please help us

We are generating power and selling to captive consumers. We are exempted from VAT. Kindly clarify whether we have to get audited by an accountant as our turnover exceeds Rs. 1 crore. In the G O Ms. No.119, it has been stated ....... the dealer including zero rate.... and nothing has been mentioned about exempted sales

I have a query regarding Vat ITC which came up from a practical live example and is as follows:

A is a retail registered dealer who buys garments from B a fashion designer(unregistered dealer).According the contract between A and B, A will pay for the garments only if he manages to sell the garment to the final consumer.B agrees to sell the garments @ Rs 225 each to A.
A manages to sell one garment and pays only Rs 200 to B for it. i.e he charges B 12.5% Vat, why is it so???? Is he allowed to do so???
Since B is not charging vat to A why is A deducting the Vat amount from B's selling price???
Is A allowed to do so???

Sir,

Our Agra depot need to transfer some paint product to our varanasi depot.
My query: Is varansi depot issue "F" form to AGra & also any other permit required to complete this transaction.

Thanks!
Regards
Mohan

Dear all

my query is we issue a purchase order to party & party give bill less than po value & we book the same & our adjust amount pending for sattlement.

but we ask with aprty for recovery of payment of differance amount. party say our bill amount is same with po & send one copy for referance.

1, party charge cst on bill & bill realted to 2011-12 & what we do for differance amont & Cst value difference generate

i want query in case of rate differance like po rate 100 rs party chagre 95 & agian party chage bill rs 100 ( we book at rs 95 + tax ) in year 2011-12 & now 2012-13 & sattlment req in 2012-13


2, in current year what treatment we do
3, all details we put in sales tax return so give me suggestion

We have purchased Video Conference server systems on 2% against c form for our connectivity purpose. Which has been capitalised to computer Accessories. Which is not mentioned in RC also hence can we issue c form for the same.

Nitin Haldikar

We made a interstate purchase for Centrally Air conditioning system to store our manufactured food products. Are we eligible to get Form-C for this purchase. Our local VAT authority are not in position to decide the matter. Please guide me.
Here purpose of purchasing a/c is to store salable goods for more shelf life and the goods are are taxable. So there is possibility to attain Form-C. Please calrify.

Dear all,

Can anyone tell about the Compounding of VAT and its adjustment in books of Accounts? It is for a Company in Kerala. What is the rate applicable?

Dear,
We have a company which deals in agricultural products in delhi we want to open 4 units under the same company for different purpose like one unit is for seeds, one for fertilizer etc. i want to know that we have to obtain diferrent TIN numbers from sales tax depart or only one TIN of company is sufficient