Can The penalty levied u/s 56 & 60 of the Punjab Vat Act be adjusted against the excess ITC left after adjusting the output Vat & CST? Or the party has to deposit the penalty amount separately

If A purchase goods from B and intimate him to directly give these goods to C it means to avoid tax A sell goods to C and intimate B to give goods directly to C What is the procedure and forms applicable. Plz tell its urgent

DEAR EXPERTS
OUR CO., HAS PETROL BUNK PURCHASE PRODUCTS FROM LOCAL CAN WE SHOW THE PURCHASES IN ENTRY TAX. PETROLEUM PRODUCTS ARE EXEMPTED SALES AND PURCHASE ALSO EXEMPETION IF IT IS RIGHT WHY WE ARE SHOWING THE PURCHASE IN ENTRY TAX PLS GIVE DETAILS ABOUT THIS PLS URGENT

Hi,

I need to deposited WCT ,Can anyone tell me where we have deposited WCT in Delhi Govt,if bank accepted which bank bank and the location of the bank.

Regards
Anirudh

What is the procedure for paying the dues under the BST Act????

Dear friends,

I want to know if a doctor doing himself operative his private clinic then does he is liable to pay VAT on drugs giving by him at his clinic or not ?

kindly clarify me


thanks in advance

Dear Experts,

1.We have purchased capital Goods for the business can we claim Input tax credit against output?
2. Is there any condition to claim Input tax credit? (apportionate no of months)
3.if we claim input tax credit can we claim depreciation on tax amount?
4.which is the best option?

Thanks in advance

Dear Sir,

If we are purchasing some items for generator repair or service and they are charging vat@12.5% then Can we avail vat-input credit on these items or not.Items are like air filter element,oil filter element,element separator,elgi air lube.

Please reply.

Dear experts,

Suppose the assessee has taken the Input VAT credit from a regular TAX INVOICE on which VAT TIN number is printed also VAT amount is sepretely Charged.

But later on discovered that that TIN number is wrong.

Then in this case we have to reverse the VAT credit or What to do ?

If yes, then how can we trace all the suppliers TIn number, befor taking VAT credit.

DEAR EXPERTS,

KINDLY PROVIDE ME A LIST OF GOODS LIABLE FOR ENTRY TAX RATE UNDER KARNATAKA ENTRY TAX.

Email ID: nagaraj.b1686@gmail.com

DATA IS NEEDED URGENT.
DO THE NEEDFUL.

THANKS..