I'HAVE STOP OPERATING MY BUSINESS 2 YEARS BEFORE , BUT NOW AGAIN I HAVE STARTED NEW BUSINESS AND I WANT THAT VAT NUMBER AGAIN FOR MY NEW BUSINESS I HAVE NOT FILLED RETURN FROM LAST 2 YEAR AND ALSO NAME AND COMMODITY OF OPERATION OF BUSINESS HAS BEEN CHANGED

SO PLEASE SUGGEST ME HOW CAN I CHANGE NAME COMMODITY AND SO ON

PLEASE POST YOUR ANSWER
RAHUL PANDEY
9890867831

Hi,

As per the Karnataka VAT Act, input credit can be claimed for VAT paid on items which are directly or indirectly related to the finished goods. Resale is an important criteria for eligibility.

If the goods are used for R&D expenses,
1. Will the purchase be considered as for internal consumption

OR

2. Will this be considered as indirectly related to finished foods.

Can we claim VAT input credit for purchases relating to Research & Development.

Please advice.

Dear Sir
What is the rule of issuing road permit.It is compulsory or not?

Road permit is require for Tea Sample?

Regards
Punit Bhansali

A company based in Mumbai also has a office in Bangalore. All its employee are appointed by the company in Mumbai and a few are seconded to Bangalore office. The company pays the salary in Mumbai. Also profession tax is deducted and paid in Mumbai.
CAN THE BANGALORE PT officer question that the PT has to be paid in Bangalore.

In case a trading concern supply goods to a company registered in Delhi but having factory in U.P. Should it register itself in Delhi or U.P.
Moreover, if such firm gets registered in Delhi and opens a branch in U.P. and takes the sales tax no. of U.P., can such branch directly purchase from delhi in its own name so as to take advantage of VAT????

Please reply...

Varun Gupta

DEar all Experts,

We are a private ltd co , sub contractors sub contractors of Thermal Power Project mainly under BHEL & B&R.Around 14 sites in India and One in abroad.
One of our site in Nasik, Maharashtra.Its a special economic Zone.that work we grasped through BHEL-B&R-So my query is
1. is any tax applicable for goods purchased on works carried out in the the special economic zone.i.e, excise duty, customs duty, VAT, or CST.
2.if possible, what are the necessary requirements ?

we are UP (NOIDA) & issue Purchase order to UP(NOIDA) party & instruction given to supplier the goods is delivered to Orissa State. i ask to you that Supplier issue Purchase bill with VAT or CST.

1. Whether Vat is applicable on the sale of second hand machinery which was used in the process of production in Punjab??

2. Whether Vat is Applicable on the sale of second hand Car or Other fixed asset on which input vat was not available in Punjab??

3. Whether CST is applicable on the sale of second hand fixed asset??

4. If Yes, under which section of Punjab Vat Act??

I have a business whose sole-proprietor is my DAD (registered under Karnataka VAT). My DAD now wants me to run the same business independently. Can i transfer the business/sole-proprietorship to my name. What is the procedure involved. Kindly help, thank you.

hi All

My Client is running Partnership firm having a TIN no, He wants to close his partnership and continue it as a proprietor, He and his wife are current partners,
Now can he have the same TIN and continue the business in different name ?
his business place is going to be the same .
Is that possible under KVAT or we have to surrender the TIn and get new TIN ?
Abdul