Dear Sir
I am dealer of delhi. I purchased a goods from pune(mumbai) and sold it in punjab.Pune dealer billed to me and shiped to punjab party's and I billed to punjab party.But transporter deliver that goods directly to punjab.Than pls. suggest me that who will give me C form and who will give me e form.
Note:I purchased and sales goods against C form. So i will provide C form to pune party. Pls. give me answer in details.
Thanks & Regards

Dear sir,

Please tell me that how to know the rate of VAT on particular item, suppose water purifier (without electricity). Can I know the rate of VAT item wise for Delhi? if so, then please provide it for current year.

Prashant.
EmailID: pk.dl.ca@gmail.com
Mob. 9958918439

An Individual assessee, carrying 2 separate Proprietary concerns (one is providing export services) has not crossed minimum turnover limit in case of any of proprietary concern, while calculating MVAT registration limit the turnover should include both firms collective turnover or separate? Also how will he apply for MVAT Registration for both proprietor firms or for one firm (when both are under one PAN). Please help???

Dear Sir,

We deal in Coated Textile Fabric(Rexines). Earlier this item was exempted from tax throughout India.

Now different states have placed different rates of VAT tax on it.

I purchase the material from uttarakhand. It is taxable in that state @5%. But is exempted in Karnataka, where i'm located and sell the material.

Please inform what should i do. Do i need to start charging vat at time of sale. if yes at what rate, 5% or 14%

Hi Sir,

I have an query regarding CST and VAT(Tamil nadu), Well i buy goods from seller with paid VAT tax with regard to that while i sale the same product to the customer i need to pay Full VAT again or i need to pay difference amount only.

And another thing while i sale goods to other state i charge CST and paid to sales tax well i get any refunds from that paid tax without C Form.

Hope all your favour.

Hello,

Let a product Net Price be Rs. 90 after deducting discount of Rs. 10.

- Whether Vat is calculated on Rs. 100 or on Rs. 90

One of my client is doing business of sale purchase of computers (taxable goods)without any firm having turnover 9-10 lacs per year from last 2-3 year.

my question is that,is it compulsory to take vat number ?

or tell how much taxable turnover needs a vat number ?

please reply soon

my qury is related to VAT & corporate Law both.
i have purchased a car under company scheme in June 2011 on 593,920.00 Rs . total amount was given by company that time.

company has deducted EMIs in following manner fom june to March

"Pmnt
#" Start of Period Annual Interest Rate Scheduled Balance Actual Balance Scheduled Payment Interest Portion Principal Portion

1 08/11 9.50% 593,920.00 593,920.00 (12,473.43) (4,701.87) (7,771.56)
2 09/11 9.50% 586,148.44 586,148.44 (12,473.43) (4,640.34) (7,833.08)
3 10/11 9.50% 578,315.36 578,315.36 (12,473.43) (4,578.33) (7,895.10)
4 11/11 9.50% 570,420.26 570,420.26 (12,473.43) (4,515.83) (7,957.60)
5 12/11 9.50% 562,462.66 562,462.66 (12,473.43) (4,452.83) (8,020.60)
6 01/12 9.50% 554,442.07 554,442.07 (12,473.43) (4,389.33) (8,084.09)
7 02/12 9.50% 546,357.98 546,357.97 (12,473.43) (4,325.33) (8,148.09)
8 03/12 9.50% 538,209.88 538,209.88 (12,473.43) (4,260.83) (8,212.60)
9 04/12 9.50% 529,997.29 529,997.29 (12,473.43) (4,195.81) (8,277.61)


Now I am leaving company .

company has asked for the recovery in following manner.
593,920.00 base amount
529,997.29 current balance amount

recovery due = balance (529,997.29)X 12.5% VAT

596247 Rs. is the due amount as per company.

My query
1. my total monthly EMI was 12,473.43 but they r not deducting interest part. iS IT OK..??? cant i ask for the rest..???
2.Is VAT rate 12.5 % applicable in this case, while resale to me from company..???

Kindly help me in this matter by advising me the way out.

Thanks & Regards
Anurag

one of client cross the turnover of purchases rs-519000 on 15/03/12 now,as per law 30 day period allowed for application if applied in next week will ok for taking tin no or applied now & give request letter for attend in next week pls guide what is right way
thanks

Dear Sir,

Kindly help in calculating the below given example - in reverse.

Base value:30000
Excise Duty(10.3%): 3090
Vat (5%) : 1654.5
Total: 347445

If some one gives a only the bill amount as 35000, how to split into seperate values - do we have on calculation method.