Pls, explain can i avail input vat credit for pur.of chemical for water pollution control equipment.

and how we treat these expenses at account in ledger.

Shall i treat these as capital increase?

my assessee import goods from punjab and use vat 47 form, AO chek the goods under transit and foud the vat 47 form was timebard. noe he issue notice to party and want to panalised him under section 76 of r vat. what is the provision plz help me

WHAT DATE IS RELAVENT TO BE TAKEN TO A/C IN CASE OF INTERSTATE PURCHASE WHETHER THE DATE OF TAX INVOICE OR DATE OR RECEIPT OF GOODS.?
EG- IF GOODS IS PURCHASED FROM KOLKATA THE INVOICE IS RAISED ON 01/01/2012 ; GOODS WERE DISPATCHED ON THE SAME DAY BUT IT WAS RECEIVED ON 05/01/2012 IN BANGALORE. THERE WAS NO MATERIAL RECEIPT VOUCHER MAINTAINED, NOW WHICH DATE SHOULD BE RECORDED AGAINST THIS INTERSTATE PURCHASE, WHETHER DATE OF INVOICE OR 5/JAN/2012.... PLEASE GET BACK WITH A CASE LAW IF ANY...

THANK YOU IN ADV...

We have purchased the material from the other state. Supplier had charged CST 2% against C Form. However, we have rejected some of the material and sent back to the supplier after charging / reversing cst 2% by issuing sales invoice. We have given the C Form to the supplier after reducing the material rejection.
In the sales tax assessment, authority asking for C form which should we have to get from the supplier treating it as sale.

In my opinion, the view taken by dept. is wrong as we have not sold the material but sending back the rejected material.

dear sir,

M/s xyz is a propitiatory firm having two business.
first one is cosmetic manufacturing and other is Beauty Parlor.
query :
xyz transfers to his cosmetic products to beauty parlor for consumption basis.
whether M/s xyz is liable for vat or not.

Dear Sir

The civil consturction work of factory is goning on in our company. the contractor has been charged Vat in their Running Bill (R.A), in this regards

can we take vat setoff in sales tax of Running Bill ?

Awating for your reply

Regards
Kiran Satdive

Dear Sirs

I have a doubt regarding Treatment of Scrap Sales in MVAT.

Our Company want to sell some used material. Will TCS or VAT attract the sale. If yes is there any Basic exemption limit and at what rate. What are the formalities to be complied with.

Thanks and Regards

Hi

sir


what are taxs applicable Chocolate company like indirect tax please tell me

I Forget MY MVAT PASSWORD AND SECRET QUESTION...
NOW HOW TO RECOLLECT MY PASSWORD OR WHOM TO ASK SO THAT I GET MY PASSWORD....
GIVE ME SIGHT OR TELEPHONE NO IN MAZGAON\BANDRA MUMBAI SALES TAX OFFICE NO...

Dear Sir,

We are a purely service company (having service tax number) and not involve in selling of goods and trading activities and NOT a dealer in whatsoever way.

We have recently changed offices and sold our old furniture.

1. Does this transaction of selling old furniture will attract VAT? If NOT, under which head we record the gain from old furniture so we are fully compliant.

If YES (i.e transaction will attract VAT), please see question 2.

2. We are service company and don't plan to do trading in any near future. Do we have to take TIN Number to deposit VAT or are there any provisions to deposit one of tax with the department (as selling old furniture is one of transaction for us and we won't be doing any trading of any sort in near future)

3. Can we immediately apply to cancel the TIN once we deposit the VAT? Given we will not to any trading and this is extra compliance we have to handle, hence the cancellation

4. How long the process of taking fresh TIN and cancelling is about?