can a company claim vat credit if the invoice is in the name of the director of the company..

sir,
we are doing jobwork of submersible pump (tubewellrepering), some time purchase some parts from dealer and direct company,
now we have got a tender from muncipility
muncipility require tin no
my question is
1.which documents required for new registration of vat
2. which rate is applicable in this business
moslty we are doing labourwork
3. can i apply online for newregistration of vat in gujarat
4. after online apply what process is pending for got new tin no.

hello friends i want to Run a software named "SMART TAX" in my PC. but it is not run properly and show an error that "microsoft visual foxpro support library" is missing .
pls help me how i run that software in my PC .





Thanks In Advance...........

Respected Sir,

I Have paid Excess vat through Purchase bills against my sales bill.

The Excess Vat amount is Rs.8660.00 for April to September.I have filled the Vat return also.

What entry should i make in tally for Excess Vat paid.

The Excess vat i will adjust in 2nd return ie,October to March aganist vat payable.

Thanks & Regrads

IF X located in Maharashtra.. Vendor Y in Gujrat and direct sale on behalf of X to Z located in Delhi... Can anybody tell me what will be tax structure?.. No actual possession of goods in maharashtra.. Out & out purchase and sale of goods..please revert

We have filed for VAT registration for with the VAT office in Mazgaon, Mumbai, as the company will be trading in computer hardware and electronic parts; all the formalities have been completed along with the visit to the VAT office and signatures of the proprietor, however the VAT no is not issued and have been told that there will be a pre-visit from the officer before allotment of the number.


1. How long does is it usually take for the pre-visit?

I FILLED APPLICATION IN DVAT 05/07/2012 AND RECEIVED TAX INVOICE AS ON 23/07/2012 BUT I HAVE RECEIVED TIN NO AS ON 29/07/2012, CAN I ELIGIBLE TO INPUT TAX CREDIT FOR PURCHASE ON 23/07/2012



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WITH REGARD

CHARTERED

in case of inter-state branch stock t/f there is no liability for CST and we can take the credit of input at its original rate eg. if paid 4% paid on purchase then we take 4% credit.

And in case of inter-state sale we have to pay CST @2%.

now Question is that if we pay CST @2% even then we have to reverse the 2% credit on purchase? (i.e. we are losing 4%, 2% as reversal on input credit & 2% which we paid)

Where the suppler not remitted output tax on his sale to government but customer claim input tax on his purchase, so at the time of customer assessment the suppler still not remitted the output tax to the government on his sale then is customer have to pay that much of tax?

please give the legal provision and if there is any judgment case

Dear Friends,

Can anyone tell penalty or remedy if assesse
has neither deposited sales tax(dvat) nor filed sales tax return since 8 years?