what amount we have to pay for registration of the composition dealer like for vat its 500,25000
how much we have to for composition scheme
I am filling the online form of VAT registration. In that form, the commodity details r not getting saved. I also mailed it on the sales tax i.d., but din't got any answer.
Kindly Help
We publish advertiesment by way of Horading display for our Products.
While getting the flex printed, the vendors charge VAT separately. Can we take Setoff of the same in VAT returns?
As well as the advt. exp. we also distribute the gifts to our dealers to promote the sales.
Wheteher we can take setoff of both?
Suppose X ltd. has sold DEPB license charging VAT to Y Ltd. and after few months X ltd. acquires the same DEPB license from Y ltd. without Charging VAT..
Query:
1> Whether Y ltd can avail credit on VAT paid on purchase under GVAT?
2> Whether VAT is to be charged on X ltd when license is sold to X ltd under GVAT?
Dear Sir,
we have purchase from gujrat (CST@2%) and sales local 12.5%.to kya hume 2% credit milta hai ki nhi.kyonki vat to hum collect karke paid kar dete hai.cst to paid hi kar dete hai pruchase ke time per.how to adjust cst & vat.?
suppose-purchase-100000
cst@2%---2000
bank-----------------102000.
same product sales to local market.
cash .......112500
sales..........100000
vat@12.5%.......12500
paid vat to govt-12500 and cst paid to supplier.how to adjust....?vat and cst
IN A CO, there are inter-state purchases,
in some bills cst charged is 2% and in some bills cst charged is 12.5% and in some bills 5%, but we have given our tin no. to all the 3 parties
how it is possible, is it possible under which provisions?
Our supplier has dispatched material on 31.03.2012 and we have received on 02.04.2012
now our supplier asking for Form C in the quarte-4 of 2012 ( Jan'12 to Mar'12)
please advise can we issue Form C in the period from Jan'12 to Mar'12
if no, please provide details
Dear Sir,
I am raised a sale Invoice with loading & Packing charges as per below.
Party Dr. 10500
To Sale@5% 10000 (Inculiding Loading & Packing Charges)
To Vat Output@5% 500
Pls confirm this is right or not.
In Uttar Pradesh, On Electronic Goods..
VAT Rate - 12.5%
Special Entry Tax - 1%
now if goods are sold to delhi without form C where Local VAT is 12.5% and no entry Tax..
What rate will be charged 13.5% or 12.5%????
The rate of CST on inter-State sale other than sale to registered dealers shall be the rate of VAT applicable in the State of the selling dealer..i.e the state from which goods are sold.
But if the local VAT rate of the state in the which the goods are sold is more than the VAT rate of the sate from which goods are sold...
Then what rate to be charged????
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
For composition dealer