One of my clients is registered under Assam VAT act(under composition Scheme on works contract).On and from 01.04.2012 he has taken GOVT. supply order. Works contract business of the said client has been discontinued from 01.04.2012. Now, he is not required to opt for composition scheme on works contract. Rather he is required to convert his general registration under composition scheme into TIN under Assam VAT. Please let me inform the procedure for such convertion.

i puchase capital good in june 2011 & divide the Vat input on capital goods in 3 F.Y.. If i am not taken the Dvat input on capital good in f.y.2011-12 it is possible i take it in f.y 2012-13

DELHI


VAT REGISTRATION OF CASUAL DEALER- FORM NO....?

HOW MUCH LIMIT OF GROSS TURN OVER REGISTRATION FOR CASUAL DEALER ?

PAYMENT OF VAT OF CASUAL DEALER IN WHICH CHALLAN ?

RETURN FORM OF CASUAL DEALER.

DUE DATE OF PAYAMENT OF VAT FOR AL DEALER...?

DUE DATE FOR RETURN OF VAT OF ALL DEALER..?

Hello everyone,

i have filed MVAT return of my client (not liable for 704 form)

But in Annexure J1 & J2 i mentioned only 6 months (oct 11 to mar 12) purchases and sales.

my client received following sms "Dear taxpayer, the dealers, not liable to file e-704 under MVAT Act 2002. are requested to file eannexure J1,J2.....I for the complete year 2011"

How should i rectify this mistake and if suppose all purchases & sales are from URD then shuld we mention the name of each and every person to/from whom we have sold/purchased ?

Can a company sale goods to its branch located other state against form C
AO disallow stock transfer to branch on the basis of predetermind sale.

sir,
i want to know how many times an officer can issue proposition by changing the figures for the same assessment period/s- urgent.

Please let me know the VAT rate of SOLAR Photovoltaic panels in Delhi. Please revert to me immediately if possible.

My client is hospital run by a charitable trust. It has purchased one sonography machine and installed it in his premises. This machine requires license for purchase and operation.It is purchased on the recommendation of one doctor and as the doctor does not have the required license, it is purchased by the hospital and payment is also done by the hospital. Now the hospital has deducted the payment made for the purchase of machine of Rs. 3,74,000 from the consultancy charges of the doctor and decided to show in its book as advance lease rent received. No formal agreement is entered into. Will it be ok? Is MVAT is applicable on lease rent and at what rate? If yes, whether it will be chargeable on whole amount or on yearly rental which will be distributed over its useful life? Are there any other provisions applicable. Auditor of doctor is asking for certificate for this deduction from the hospital? Please guide me as early as possible.

Whether mistake in presentation in vat return can be a basis for imposition of tax.

suppose we have purchased following goods:-
1) Rs.1000/- goods which is taxable at first point by paying VAt on it.
2) Rs. 2000/- goods taxable at last point.

both are interchangeable and can not be separable from each other.

We have sold both goods at cost price + VAT ( since it is a controlled good and we can not charge tax)

Now our presentation was as follows in return:-

Total sales - Rs. 3000/-
VAT @ 10% - Rs. 300/- ( though we are not required to pay VAT on First point Taxable goods)

Less:Input VAT - Rs. 100/- ( though we are not eligible for input vat claim on first point taxable goods.

Net tax paid - Rs. 200/-

Now, the tax authorities are claiming Rs. 300/- as output Vat, but they are not accepting input VAT of Rs. 100/-. hence we may require to pay Rs. 100/- twice.

Is it Justified. Whether mistake in presentation in return can be a basis for imposing tax twice in a single sale.

Hi,

We are purchasing from Maharashtra registered dealer (local dealer)& supply to (Sez area) Cummnis (indore) Material will directly goes to Cummins. Wheather C for issued to local party or they will charged us vat 12.5%