One of my client is running a Medical Store and wish to get registered under MVAT.

My query is that when is compulsary registration attracted?

Is it when the sales exceeds 4 Lakhs or even if purchases exceed 4 lacs a dealer is liable to get registered??
And in such case the registration can be done without paying the deposit of Rs 25000.


Kindly Guide.



THANK YOU!

Please clarify my doubt at the earliest

Material despatched along with Invoice and E sugam form bearing amount Rs.1,90,140/-.

After two days consignee informed that, the VAT amount calculation is wrong. Hence I corrected the same invoice with correct VAT amount and sent the invoice copy to the party and Invoice amount becomes Rs.190586/-.
In this case , whether I have to cancel the earlier e-sugam form or not ,since it shows wrong invoice amount Rs.190140/- instead of Rs.1,90,586/-.

My dealer has purchased a computer(capital Good) he is registered under mvat act .how much amount he can set off .vat amount 2952

Hi,

What is the rate of VAT on (Iron)MS scrap material like MS Angles,MS plate etc.

Regards
Venkata Subba Rao

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?