Hi,
i have opened a new firm in partnership with my friend.the business is in plasters and we supply labour and material.now we have to submit our bill but we havent registered for any vat no or a sales tax or service tax number.if anybody could help as i am a goner with taxation.
Thanks

Has any one know the VAT Tax rate & Schedule Entry in C - Schedule on zip used in trouser & dress in Maharashtra ?

Dear Sir

We have a factory at Shirwal (Maharashtra) and our other units are located at Gurgaon, Dehradun.
We used to send some material to these units under Form F i.e. Branch Transfer.
My question is at what % & extent we should reduce vat set off? Does this reduction is applicable to Vat set off on Fixed Assets, Repair & Maintainance items?

Thanx

hi
A contract involves both material+ labour. A single bill is raised. What is the rate of WCT?
(state either Maharashtra or any other)

thanks.

Hey
i recd notice from govt to file annx j1 & j2
Wat i have to do

sir

i will already registered individual firm in karnataka vat but now i will add partner in my same firm , please suggest as early as

Dear Sir/Madam,
Our Scope of Supply of Control Panel is Rs.5,00,000 & have received material to be fitted in Control panel from customer worth Rs.5,00,000.
We will bill the customer with Rs.10,00,000 with Excise duty of Rs.1,03,000. But for VAT calculation the free cost material worth Rs.5,00,000 must be removed as stated by customer and to be calculated on Rs.6,03,000 (ie., 11,03,000 - FOC material Rs.5,00,000 = Rs.6,03,000).

Is this method acceptable. If so under what rule / sections of Tamilnadu VAT Act.

Experts please advice at the earliest and thanks in advance.

T.Ram Mohan

Dear Sir,

one of my client doing Home Purpose Boiler Manufacture, his total turnover does not exceeds Rs. 25 laks as per VAT ACT, he wants to change from VAT to COT,
plz answer:

1. Can he Change from VAT to COT
2. Manufacturer can opt for COT

kindly answer

shivakumar
Davangere

Is cess or royalty liable to be paid in case of Sludge sale of crude oil...

I need some clarification regarding VAT for the following.
Hi Experst pl help me
We have purchased the spares and accessories paid VAT @ 5% / 14.5% and
our sale commodity rate of VAT is 5%. Whether treat it capital goods
or input, if treat capital goods what % is eligible for us to take
credit.

In this connection, Commissioner of Commercial Taxes, Chennai give the
clarification as spares and accessories are treating as an input and
avail the credit in the same month.

Kindly give the correct solution in this regard.