Dear Sirs:
We have raised invoiced to Government and we got the payment after deducting works contract tax of 5%. Can we set off the deducted 5% against our VAT liability of May 2012 or we have to wait till we get the certificate from the Government for the tax deducted. Thanks in advance G. Gangadharan

As we all know that CST payable can be adjusted against INPUT VAT credit, but my problem is we by mistake have made double payment of VAT so can we make such adjusted against CST liability, note our all purchase is exempt, i.e NIL INPUT VAT Credit

A company has engaged Contractor for a Housing Project around 300 flats to be built.

- Flats are for sale and Booking already been started.

Ques : What will be the VAT and Service Tax implication ? I conclude :

- 4% Contractor VAT (for which TDS also needs to be deducted)

- 12.36% ST charged from Buyer at the time of actual Sale / allotment

- 13.56 % VAT charged on Works Contract from Buyer in lieu of Tax as discussed in K Raheja case and recently Emaar Commanwelath Case.

PL THROW LIGHT ON IT

I had registered property in Dec-2009, in Navi Mumbai for the agreement value of 4350000/-.
Now the OC is received in March-2012.Now the builder is asking me to pay 5% Vat of the agreement
value i.e Rs.217500/- which was mentioned no where in my agreement.Although he has already taken
the service tax from me in March 2012 at the rate of 2.5% or more may be to the tune of Rs.64000/-
Now Iam very tensed since the agreement states that "any other taxes,ceases that shall be leivied or
become leviable by CIDCO/NMMC or any GOVt.authorities and also such other charges,
esclations imposed by CIDCO or any other Govt. authorities to be paid by the purchaser".Also it states that,"If at
any time any Service Tax or WTC or other levy or charges is or are levied charged or sought by any authority in the
respect of the said Agreement, the same shall be borne and paid by the purchaser."
Now since I have registered the prop. before 1st April 2010, how can he ask me to pay the VAT of 5%.He is not
giving me the possession letter and the allotment letter for parking.What would you suggest me in this case.
Request you kindly help urgently.

Assessee not take the one purchase bill input credit and wants to take the input credit because of this input return has to revised and objection also filed in DVAT 38.
I want to ask which work done first return revised or objection filed? Plz give reply

Can goods be sold in the brand name of purchasing dealer?

And if so, then will it affect the taxability or otherwise of transaction?

Dear friends,

Please help & suggest me, the due date for the Deposit/filing of UP Vat Tax/Return criteria for various types of assesses.


Thanks & regard

S..K.Gupta

Dear Experts,

My friend planning to start trading business in Bangalore.He plans to get TIN No.in the name A is the mother company he wants to introduce some more brands like B, C, and D in the name of A. He wants to rise bills in the name of A, B, C and D is it possible to do the business. Because he got registration in A only. How is possible to raise the bills in the name of B, C & D Please Clarify me.

Thanking you Experst,

Our co.files monthly return if sale is made in april and return has been filed and sales returns in the month of may.....then what is the remedy....to revise April return or adjust in the month of May?

If I have my head office in delhi and I tranfer the goods (Wchich has been purchased in delhi) to lucknow, Can I claim input credit which has been paid in delhi, In the return which would be filed at lucknow.

If no what is the way to get input credit