Respected Sir/Madam,
My friend was decided to commence a business. His friend was advised him to get TIN number. My friend got the TIN number before 6 years.
But, after getting the TIN number, my friend had not continued the business. Whereas, he did not cancel his TIN number allotment.
Meanwhile, His friend who advised to him, has been misusing the TIN number. One day, after six years, my friend received a notice stated that he had to pay 14.5 Lakh as sales tax or VAT.
Thereafter, my friend contacted sales tax office in person. They told "There are various transactions made using your TIN number to the tune of 1 Crore. Hence, you have to pay the said amount as VAT".
Afterwards, my come to know that his adviser has been misusing his TIN number.
Question :
What is the remedy for the above said query? Please advice to save the poor person.
Thanking you
v.sundaresan
I am buying a laptop from Dell and was required to send them Road Permit (form 50A) for them to ship it me as I live in West bengal.
When I went to the sales tax office they asked me to pay 4% VAT and 1% entry tax.
I understand the entry tax, my question is
1) why am I paying 4%VAT when I am already paying 5% VAT to dell?
2) Do I need to pay VAT to each state? Seems so unfair, especially when other states don't have to pay the same.
I ended up paying Rs. 3000 more just because I live in West bengal and not in Delhi.
I will highly appreciate an experts view on this.
whether cst liability can b set off against vat input credit
Dear sir,
In the speed meter manufacturing company, if we purchase the raw material i.e wire at the rate of 5% vat and then after production we are sale of speed meter i.e finished goods.In this case, what will be selling vat rate which we have to added in selling value.
Pls give me a valuable and meaningful instruction for regarding this matter.
Thanks & Regards
Mahesh Jain
Dear all
I want to know if a person sales goods directly to customer(not a trader or dealer) online from Maharastra to Kolkata whether is it possible to Charge CST as it require also C Form ? If yes then is it possible that I can comply all the requirements regarding C Forms on behalf of Customers. Pls Suggest.
please tell me what things to be considered while doing audit of vat
Dear Sir,
As Per My query I Have Have Big Manufacturer Company In Haryana. I Have Raw Material Purchase from Uttrakhand vibhag of Govt. I Have Purchase from this vibhag at least 1.5 Crore after paying tax 12.5% & 13.5% the invoice issue by the uttrakhand govt with put the vat i Confuse that if this central purchase then govt put on the invoice CST But Govt Put on The Invoice Vat 12.5% & 13.5% I Know That This Is Other State but Please Explain me any condition then we have take credit for this paid tax to uttrakhand Govt.
Please request you tell me any other condition for take input credit of this big amount of tax to GOvt of Uttrakhand.
Dear Sir,
we have purchased machinery from Peenya, Bangalore to our factory located in Bommasandra, Bangalore. We would like to know if we are liable to pay entry tax on machinery for local purchase too . Is entry tax applicable for bangalore to bangalore purchase
Hi.
Pls tel me the procedure of voluntary Vat Registration. What all are the documents to be submitted...
When the certificate is recived ? What are the legal chgs ?
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Infringement of tin number - reg