Hi All !

I wanted to know what percent of VAT Tax is applicable on Tyre retreading business? And what exemptions are allowed to the taxable value i.e. VAT will be charged on what percentage of value/turnover? I heard somewhere that 40% of exemption is allowed, but i am not clear that, is it taxable on 40% or 40% is exempted on total turnover?

Please Help me out and thanx in advance

Waiting for expert's comments/replpy

Dear Sir,

When the filling of e- Annexure for other than vat audit dealers i am having following error.

Return Anx ERRORS

Sno Error Line No Error BOX No Error Box Description Error Description
1 0 Annexure Option Either C,D Or G,H,I should be Selected

please help me.

I have filed Mar'12 MVAT Return after Cash/Cheque payment of Vat Lability.

After the filled of MVAT Return,we found the Some MAVT credit not consider. Therefore we need to file the MVAT Return ater coisder the ignore Vat credit. In revised return is shown the Excess vat credit is less than of Rs.1 Lcas as per No. 6T of 2012.

plese suggest can i c/F the vat credit , any query in future.

Is Interest required to be paid on 1% VAT on property applicable for registrations done after 1st April 2010,to be paid by builders after High Court has withdrawn the stay order on the VAT on immovable property. Please reply urgently... Thanks in Advance

A CO. PURCHASING SIM CARDS IN ABUNDANCE AS A DEALER AND SELLING THE SAME TO CONSUMERS

IS SALE ON THESE PURCHASE LIABLE TO VAT OR SERVICE TAX?

PLEASE TELL

ALSO PROVIDE JUDGEMENT IF ANY RELATED TO THIS

I have a proprietary firm & not eligible for form-704, now it is mandatory to upload annexure with vat return I want to know that annexure I is regarding declaration not received. Our interstate customer not issued yet Form "C" whether it is necessary to upload annexure I If upload, whether department can issued demand for differential CST liability?

Further, please let me know that whether I can upload C form application without upload of Vat Return

Hi,
I have bought an underconstruction flat in Thane. Registration was done in Aug 2009. Builder is now giving possession but he is charging me 5% VAT.

According to my knowledge VAT is applicable only for those flats which were registered after 1st April 2010 @ 1% rate.

Can some one pls clarify..

Dear Expert,

We are the proprietor ship company in Kolkata , West Bengal generally engage in Trading Business in all over India.

Recently we got an order from a reputed company in Kolkata. Right now they have a project in Andhra Pradesh.They asked us to deliver the material in Andhra Pradesh but the invoice should be in kolkata only.

Now my question is what type of sales tax should we charged Vat/Cst? As per my best knowledge whether we raised the invoice in kolkata, the invoice will raise in VAT though we deliver the material at Andhra Pradesh.

Please help me out with reference of cst act/rules.

Asish Kumar Nath

Is VAT is payable on sales return. And can we claim input of it.
Actually i was doing a audit of a pharma company and there it is policy that what ever medicine has been expired they will take it as sales return. Normally it is coming after a 1year. And i read it some where that we cant take VAT input after 6 months. So i need clarification regarding it.

Dear Sir,

Is it mandatory e-payment of DVAT under composition scheme.

Thanking you