Gross Bill - Rs.2720 (Also amount as per waybill)
Value of goods - Rs.2392.15
CST @ 2% - Rs.47.85
Courier Charge - Rs. 280

As per CST Return Annex- E , asking details for taking out C Form, which amount should be taken as value of goods excl tax.??? Should it be 2392.15 or (2392.15+280 = 2672.15)?

Recently as per the VAT Act of Madhya Pradesh, the timber has been shifted from the Schedule III to the Part III A of Schedule II.

Can anybody tell me about the new tax provisions applicable on timber now?

Also what are the rebates available to the timber merchants?

Provisions and rates for entry tax on sale of such timber to people from different states?

If an entity having Total Turnover not less than Rs. 1 crore and Taxable Turnover having Rs. 20 Lacs, then it must required to get audited its books of accounts for VAT Audit.

My question is that whether both conditions are required to be satisfied ???

If any entity having turnover more than 15 crore but the same products fully exempt from Vat then in that case whether it is required to do Vat Audit?????

Its in Gujarat State

Dear All,

We are registered dealer in Karnataka. We have purchased Granite Blokcs from Tamil nadu and in our VAT Registration Certificate there is no such item mentioned. We are not eligible to issue C Forms for that Granite Blocks but we have issued C Forms wrongly to the party.

What are the remidies to overcome this issue.

Please i request all to resolve my issue

kindly clear the concept of debit note and credit note.....i am quite confused.....

dear sir
i am doing 1st time mvat working so kindly tell me how to do working in excel format for the period oct 11 to march 12.

Which details are to submit in Mvat return
as per notifications of SaLES TAX DEPT

Hello sir/Madam,
I want to know
whether a beauty parlour can avail VAT Credit on raw material purchased from local dealer against the vat charged on the products sold by the parlour.

Which details are to submit in Mvat return
as per notifications of SaLES TAX DEPT

Dear sir's,

if brought capital goods how can i account in tally and avail vat

and how will show in fixed asset ledger,

kindly guide me

Regards
Rajakumar.R