While uploading my quarterly REturn of Vat on 31st july 12. one error occured and hence i am not able to upload my return. So I have forwarded error file to ereturns email id on mahavat.gov.in and asked what to do with this error. But till to date i have not recd any reply from sales tax dept about error. next day I again tried to submit this return but now new tamplet ask to fill late fee Rs. 5000 compulsory and paid details also. But since I have tried in stipulated period. Why should i Pay late fee??? Pls help me in this regard that what should i do...

dear Sir,

what is the meaning of form E-1 , why it is applicable instead of VAT 14% can u plz explain about the form E-1

Dear sir,

recently i had submitted online c form but it was rejected for the quarter may-june-july 2012 what is the reason for rejected by the department please if you know the reason please tell me

Regards
RAMESHA.M

Please Clarify on the below Queries?

1) What is the Purpose of WAY BILL?

2) What is E-SUGUM Form and why it is used.

3) Does every Dealer Registed under CST would be able to produce FORM C, Or Is they any Criteria for it.

My Company was liable to file return Quarterly under Maharashtra Sales tax Act, which i did not filed as this year we had NIL Purchase and Sales, so am i liable to Penalty though....

Dear sir


Assessable value 101,787.40
Excise Duty 12,580.92
CST 2% 2,287.37
insurance 25.67
Freight 16,252.51

Total Amount(rounded) 132,934.00

in which total amount i issue c-form please guide me the amount


Regards
RAMESHA.M

for getting input tax credit purchase should be made with a Registered dealer. is it necessary that the 'purchaser' should be registered..?

My sales channel is as follows

COMPANY(in State A) -----> DISTRIBUTOR(IN STATE B) ---> RETAILER(IN STATE B)

The company to distributor invoice has the following details

Invoice Price Tax Final amount
7.56 2% 7.72


The distributor earns a margin of 5% on cost price.

The distributor to retailer invoice has the following details

Basic Price Tax FinalAmount

8.16 13.5% 9.26


My question is, what is the VAT that the distributor has to pay? and how did we arrive at this figure. Also, the basic price in retailer invoice and the final amount in distributor invoice are related as follows

8.16 (basic price) = 7.72 (which is the final amount) + 5% * 7.72 (which is the distributor margin) + 13.5% * 5% * 7.72 (which is the VAT on the margin)

Why is this so ?

I am a little confused on the VAT concept when inter state sale occurs for the distributor. How is the distributor paying the VAT on the value added?



Request you to please help.

my doubt is regarding the latest amended proviso of input credit of the entry tax paid.how much credit is allowable on entry tax paid

Is there is any case laws for input tax credit of retail invoice ??????