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SUNIL
01 August 2012 at 10:21

Central sales tax assessment

HI All EXPERTS

MY QUERY IS BELOW:-
I am working in a partnership firm. In this firm Sales tax assessment is not being done from AY 2005-2006 TO TILL DATE.
1. IS SALES TAX AUTHORITY PENALIZED US?
2. WE HAVE MANY C FORM SHORT SO THEY ASSESSED TAX ON THAT SHORT C FORM

3. IS ANY INTEREST CHARGED BY THEM

AFTER FINISHING THE ASSESSMENT YEAR WHAT IS THE TIME LIMIT TO DO DONE THE CENTRAL SALE ASSESSMENT??


IS MANUAL ORDER APPLICABLE FOR ASSESSMENT??

pLZ HELPPP


mehul

pls give me state wise limit for registration and minimum turnover for applicability of VAT Audit.

pls its URGENT


CHANDRAMOULI
31 July 2012 at 17:38

Kvat

The query is in reference to Karnataka Value Added Tax 2003
Is leasing of furniture chargeable under KVAT Act, 2003? if yes what is the present rate of tax? Can I claim the vat credit?
can I sub lease the same material and charge VAT



Anonymous
31 July 2012 at 12:07

About c form

sir my question is if the seller send the material on 3o th sep then i will get the material onward next month mean 2 or 3 oct & same I will book purchase.i will get issued c form on next qtrs & but seller will ask me for c form on last qarter then what is prevent how to resolve


Ramesha.M
31 July 2012 at 11:55

Increased karnataka vat rates

Dear sir

in karnataka the state govt announced new rates .5% increases will come in to effect from August 1,2012 for a period of one year. but in the department website there is no notification displayed so when it is applicable the rule



Anonymous

Sir
We are Working in PSU where some vehicle has been taken on monthly hire basis and we are paying 5% Assam VAT under Fifth Schedule Assam VAT Act of SNo 3"Lease Transcation".
Whether we are also liable for pay of Service Tax under reverse Charge?

Thanks in Advance


S.Siju Gemin
30 July 2012 at 12:55

Tamil nadu vat

Kindly let me know within how many months we can file revised return under Tamil Nadu VAT


Guest
30 July 2012 at 09:58

Input credit

Sir,

We are manufacturing unit, Shall we take input credit vat for tools purchase for quality laboratory. (vernier caliper, gauge etc.,)

Thanking you


ankur vajpayee

Brief facts are given as under:-

A Ltd.& B Ltd. are separate companies registered under Co. Act but are under the control of same mgt Company (a foreign 100% holding Co. of both the subsidairies- A Ltd. & B Ltd)
Now A Ltd. has transferred certain tangible fixed assets to B Ltd at consideration equivalent to net block value as appearing in the books of A Ltd.

Both the companies are STPI units.

Is the transaction of sale is liable to VAT on transfer of fixed assets?



Pankaj Arya
29 July 2012 at 15:41

E-sugam bangalore

Dear Experts

We have a sales office in Bangalore. Only orders are booked in Bangalore...all the sales are being done from Delhi.

Now there is a requirement of e-sugam form in Bangalore ...Please guide me as to:

1)what is this form and what is the purpose of this form

2) Do we need to file this form...

3) Should we get ourselves registered under Karnataka VAT for working in Bangalore.....will registration help in any way....






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