Hi
We are in to business of buying old condemned Teak and Rosewood furnitures , old door sets , brass utensils etc from freelance brokers , directly from owners/users , villages etc. Then we restore it and then sell it in a showroom. In this case the persons from whom we purchase are just home users and village persons where there is no tax knowledge. In my scenario what kind of Tax is there for me .
Also will these old brass items and artistical doors come under Antiques Or handicrafts etc ?
Maha
I have many trucks,But in F.y. 2010-2011, I have sold all trucks. I want to ask, What tax levi on Sale of Trucks ? and what due dates for payment of any taxes ???
Please tell me
Hello everyone,
Mr. X has registered himself under MVAT on 20th sep 2012.
from April 2012 to 19th september he has purchases of Rs.400000/- on which he has paid MVAT say Rs.45000/-
My question :
Can he claim the set off of Rs.45000/- in the MVAT return for the period april to september 2012 ?
thanks in advance
waiting for your reply.
Dear Sir,
I have certain clarification for the following,
A (Buyer)- Karnataka B (Consignee)- Karnataka >>> C (Seller) Maharashtra
1. ‘A’ is purchased the goods from ‘C’ and sent the goods directly to ‘B’ by Truck. Invoice is raised by ‘C’ was Full Tax without C Form and delivered directly to ‘B’ with ‘A’s instruction. Hence, ‘A’ doesn’t want to issue Form ‘C’.
2. How will raise the Invoice by ‘A’ to ‘B’ – Anyway ‘B’ will not issue C Form to ‘A’.
3. Whether is it considered as E-1 Sales ? but no one will be issuing C Form.
4. How will ‘A’ considered the Invoice in Sales Tax Return ?
Your earliest response is highly appreciated.
Best Regards
Naresh
A dealer purchasing material paying 4% Tax from a registered dealer in April 2012 subsequently it came to notice that the selling dealer Sales Tax Registration cancelled in 1st June -2012.It also came to notice that the selling dealer neither paid Tax Nor submitted Qtr Return of June-2012.
What will be the Departments reaction on Purchasing Dealer who are submitting return and paying tax regularly.
A Datta
Dear Sir,
My company has a branch in kolkata and delhi.
Delhi branch wants to received goods from kolkata to be sold in delhi at our retail outlet. Please let me know the legal formalities in this regard.
Manish Kumar
Dear Sir,
We are in Hotel Business and having Lodging and Boarding. and have Two Restaurants.
we are using the Natural Gas (HP) for preparation of Food. Shall we take input tax credit on the purchase of Gas.
we requested to you kindly guide to us
Best regards
Satyanarayana
Hi,
Please provide information regarding the Current(i.e. w.e.f. 01/08/2012). CST Rate with and Without C-Form In KARNATAKA.
Kindly revert me asap.
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Regards,
Jagadish. T. G
Sir, I am working in Medicine supplier dealer company as account. We have supplied to the agencies as well as Doctors directly. The doctors are unregistered dealer, At the time What % of VAT Rate is applicable. We are in Tamilnadu. We are supplied with in State and Pondicherry (CST) also. Kindly help me in this regard. (VAT Rate is 5% & 14.50% for Registered Dealers)
DEAR SIR,
ONE VENDOR HAS GIVEN BACK FORM C TO US. DUE TO LAST DATED BILLS SHOWN IN NEXT QUARTER FORM C.
I WANT TO SURRENDER FORM C TO HARYANA SALE TAX DEPARTMENT.. WHAT WILL BE THE PROCEDURE FOR THIS..
THERE ARE ANY FORMAT FOR THIS.
THANKS
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Tax for old wooden and brass items