can anybody tell me whats the turnover limit for monthly, quarterly, half yearly & annualy for sale tax return? and what will be the last date for filing of return of those periods?
Pls. rply asap.

i have pharma company in which we sale medicine to the Stock distriuter , we prepare sales invoice on the name of such stock distributer but actually he is the stockist only who send the medicine to the hospital on behalf of us .We used to take order from hospital , we tell to that stockist to send that oredered medicine . that stockist take commission on that sale . Stockist raise bill to that hosital & recover amt from hospital & pay to us.

I dont understand hw should we do accounting for that plz help
give your no.

Goods purchased by dealer are used in erection of immobile property other than plant & machinery, ut the property in goods purchased is not transferred as goods or in other form, whether dealer will be entitle for input credit on purchases of such goods under MVAT Act?
Example- spare parts, lubricants and consumables purchased for road roller, trucks, machines used in the road work.

If a works contract (turnkey contract ) is being executed in Mumbai Offshore or any where in India by a foreign contractor not having any permanent establishment in India, does he require to pay VAT / CST on material portion in case contract can be divided in materials & services or Works Contract Tax if it is an indivisible contract? If yes, does he require to obtain VAT / CST no. ? Are such contractors, not having permanent establishment in India, allowed to have CST no. or VAT no ? Can such VAT / WCT be claimed as set off by the customers?

Sanat Kumar

Our Clients is manufacturer of rubber products since 2005-2006

During the period from 2008, he started selling products to customer situated at Delhi by charging CST @ 2% (against C Form)

Till Date client has neither received C Form nor any confirmation that they will provide C Form.

Now my client is planning to take a legal course of action against this client.

Will any one provide me a format of legal letter to be sent to this Delhi Customer??

Thanks in advance

Dear Sir,

Our company is into industrial construction. We get mobilization advance before start of the project and material advance at a frequent interval.

Our client deducts WCT Tax on mobilization advance as well as on material advance. Wish to know whether he is correct on deducting WCT tax on payment basis ? I suppose it should be on the value of work done, without being adjusted for above advance.

Pl guide.



Dear Sir, Section 22 (4) of APVAT act talks of "Payment of TDS within prescribed time limit to the credit of state government" and Rule 17 (3)(i) relates to works contractor dealer who is under composition scheme. We are into regular scheme. The above section & rule doesn't says TDS to be done on payment basis (for dealer in regular scheme).

Thanks for all your help.

Sir,

For example ABC Ltd. state- Haryana compnay having a tin no. & purchase from unregistered dealer with in state, is there is any tax liability will be paid by ABC Ltd. company to govt. or sales tax dept. at the time of filling the vat return or any other time.

Regards

Vimal Kumar
09467114291

Dear Sir,
Our company is in the field of manufacturing of Assembly of Printed Circuit Boards, which falls under CH. H.No. 84733030 of Central Excise Tariff heading. I want to know what is the VAT Rate for the same item? Presently we are selling the same @ 5% VAT rate. Is it correct ?

Thanks & regards.
Mukund Kokil
Assistant Manager - Fianance
Ensoft Informatics Pvt. Ltd.

hi,

one of my client is in construction business and he opted composition tax under VAT, and it is works contract

so, how to compute VAT against payment received from customers.

if payment received Rs. 2 lakh...

whether i should pay tax Rs. 7692/- (200000/104*100*4%)

or

should i deduct 20% as exemption for labour in works contract i.e, should i discharge VAT on Rs. 1.80 lakh...?

kindly let me know as soon as early with relevant section & clause

Is vat credit available on purchase of following items by an authorized service station:
a) Lubricant oil , grease
b) Paint
c) other consumable
However service station does not charge these items separately in Job bills.

For eg. In case of body repair of a car , denting & painting charges are charged from customer as labor charges but paint used in denting & painting not shown separately.

Plzzzzzzzzzzzz help me....