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..

One of my client who is now form pvt limied co,
natue of business activity mfg of grey cloth no of director two both director already have ptec number
now my query is whether co is also require own ptec or not. In the name of company he take new vat number.

I REQUEST TO ALL EXPERT AM A REGISTERED DEALER IN KARNATAKA VALUE ADDED TAX NOW I AM PURCHASED MACHINERY FOR MANUFACTURING MACHINERY PARTS AND TOOLS AND ALSO DOING JOB WORK CAN I TAKE THE INPUT TAX CREDIT FOR THAT PLEASE HELP ME

Dear sir,

Central Excise Registration time the department Given Excise duty Rate 1.03% after six month , they give the notice 10.3%, our product micronutrient,

A person is providing catering service in my factory, registered under service tax & charging service tax. As per Sec 18 of Karnataka VAT Act, 2003 the factory has to deduct 4% tax & pay. So the service provider has to register under VAT also.
Whether canteen service provider is required to be registered service tax as well as VAT and pay both levies?

How to compute the reversal of 2% credit of Input vat for the OGS Sale..?

Support reply with a practicle example.

I'm a registered dealer in Karnataka.

I've supplied goods to a dealer in Delhi as a part of Works Contract. The Works contract is executed in Delhi. I'm not registered under Delhi VAT.

Now, the Delhi dealer has deducted the VAT TDS amount and also issued me the certificate. I, not being registered in Delhi, cannot take credit of the amount in Karnataka. It will remain a cost to me.

Is there any provision under Delhi VAT for refunds for a person, other than registered dealers?

Please provide your valuable opinion.

Thanks in advance.