I am engaged in selling books online. I am basically a publisher. Books are exempt from CST.

Am I still liable to register under VAT/CST.

Dear all, kindly clarify my problem. A companny has input vat credit of Rs. 10000/- available for a period and during that period only central sales has done, tax payable on central sales is 15000/- no local sales. So, at the time of filing of return can this 10000 be adjusted against 15000 ?? If yes, then please clarify me the procedure that how much amount of CST is payable by the company??

Whether deduction u/r. 57 of tax amount is allowable from gross receipt, if composition scheme is choosed to pay 8% tax. (i) Tax is not seperately charged in bill and (ii)if tax is seperately charged.
For Example :
Gross receipt100000/-
What will be tax payable on sale ?
whether 8000/- or 7407/-
Kindly advice.

The question is related to Maharashtra VAT Act.

VERY URGENT : I am placing a situation given below :

Situation : Product manufactured in Gujarat where VAT Rate is 5%. Intially Producer has stock transferred product to his consignment stockist at Delhi against Form'F'. Later, same product has been sold in Gujarat as CST Sale against 'C' Form.

My Queries are :

1. Whether CST Law or VAT law / rule / procedure allowed this system or not ?

2. Is there is any possibility of doing sale in this way, kindly give the way ?

3. What will be implication if sales will be done in the above way ?

Dear Expert,
suppose we (X) of Kolkata raised a bill to Mr Y-Kolkata but the goods is sent on Udissa another company named Z as per the instruction given by Y-buyer to X-seller.

My query is that

1) What will be charged in Sales Bill- VAT/CST by Mr. X. raised to Mr Y.

2) What will be charged in Sales Bill VAT/CST by Mr. Y. raised to Mr Z.

Pls reply its very urgent.


Regards,

Mantu

can anyone Explain me Concept of FORM A under VAT?

Dear Sir/Madam,
This is Ram,MD of a software firm in chennai. We are in the process of developing an e-commerce site for 'online menu ordering' mainly for hotels and restaurant industry in India .I have a question regarding VAT/service tax(Since I'm not still clear with these terms,I am unable to put my question in the right category).Take for example, if you are using my e-commerce site and paying Rs.100 to these hotels, then you will pay them only through my account.I want to take my commission of Rs.15 from this and transfer the balance Rs.85 to the hotels.In this case, what would be the tax to be paid by me?Is it VAT/service tax?how much? Is it for Rs.15 (my commission) or for Rs.100? Somebody pls help:(

Dear all

my client is purchasing raw material @ 12.5% and selling the finished goods @ 5% output vat.

He is claiming DVAT Input @ 12.5% while Output liabilty is 5% .

The DVAT authority is saying that assessee is wrong in this process he can claim input vat rate lower than output vat rate

Please suggest.

Hi
On Sale active business to new owner,
does new owner has to pay VAT on stock?

New owner is changing the name of business.
Lets say i am buying existing business and changing the name of company. Do i have to pay VAT?
I am from Gujarat. and business is in Gujarat.

Thanks
Sanket

We have sold an equipment against Form - H to customer A having their registered office in Chennai. They are planning to put up their plant in Srilanka for which this equipment is required.

How to show the same in the sales tax return?

Kalyan