Dear sir,
I want to just know the ms scrap rate in maharashtra for A.Y.2012-2013.
Please do the needful.
X (UP) SOLD GOODS TO Y(DELHI) AGAINST C-FORM.
WHEN GOODS WERE IN TRANSIT Y(DELHI) SOLD THE SAME GOODS TO Z(UP).
CAN THIS TRANSACTION BE TREATED AS SALE IN TRANSIT SINCE THE MOVMENT OF THE GOODS TAKE PLACE IN THE SAME STATE.
PLEASE CONFIRM AND ALSO REFER FEW CASE LAWS.
REGARDS
SUBHASH SHARMA
ADVOCATE
M-9891338895
Dear Sir,
I am working with a distributer of Su-kam (deals in Invertor & batteries). Here situation is That the Su-kam company Bills us at a rate which is higher then our lending and later on it pass on Credit notes.
For Example, it bills us a battery of Rs. 6500+(vat 12.5%). It issues us 4% Credit note later on. and credit not of scheme too if any. the problem is that we have to sell them after cutting 4% and scheme amount. for example at 6100 + vat 12.5%. Is it the correct way of billing? kindly suggest the alternative.
Thanks & Regards
Rajkumar Raghav
Hi all
Can any one suggest eligibility of VAT input credit on capital items bought (Eg. purchase of stabilizer,compressor, etc) bought by pvt ltd co which is engaged in the manufacturing of moulds & tools
The other query is can input credit be claimed on purchase of construction materials used for the construction of building which will be used for manufacturing by the same Co.?
Replies can be mailed to kirtigkulkarni@gmail.com
Dear Sirs,
In Karnataka State, the RTO officials are including VAT at the rate of 14% of the Basic value of a car while calculating Life Time Tax (LTT) or Road Tax at the rate of 13%. To this thay are adding Cess @ 11%. In my opinion, since VAT is a form of Tax, including it again for calculation of another tax like Road Tax is not correct since it results in collection of Tax for Tax. I request clarification in this regard.
SM BHAT
9448259008
I want to have clarity whether C form issued for taxable amount or for invoice amount ?
Secondly if goods mentioned as tax free item in CST act, then is it require to issue C form in interstate purchase ?
Can we buy goods like duo @ 2% from central Purchase & sell that item in Delhi @ 12.5%.
Dear sir,
Kindly Clarrified the procedure For VAT and How to file in VAT File, I need procedure, which data should be taken for VAT, I need Some Working Sheets and examples,
I do no about VAT, So i need that Clarrification y it should be calculated,
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Vat rate of ms scrap in maharashtra