please let me know how to calculate VAT liability in case composite scheme (Works Contract)

A company who is in the busines of construction of residential complex has started a project which is under progress.

The company has started booking flats for the same.People are booking the flats under agreement.
Is MVAT laible to the company? Is the company liable to collect VAT on the bookings recieved for the flats.? if yes? at what rate?

Please Guide

Our company purchase goods against c form CST @2% and without C form CST@ 4%, and both goods sale within west bengal means VAT charge, can i adjust cst input both 2% and 4% with VAT payable, plz give details of adjustment as soon as possible.

Under the Invoice Method of calculating VAT, the seller is supposed to denote VAT separately to arrive at the aggregate selling price.

But then how are the VAT invoices prepared under:

1) Addition Method
2) Subtraction Method

Please enlighten.
Thanks.

Hi

I have completed B.Com. Final Exemination and working in a tax consultant firm since long back.

can i practice my self under the assam Vat Act. if yes the plz suggest me the procedure

Dear Sir,
If we purchase a computer for office use and pay VAT. Can we avail input tax credit and also tell me if it will be adjusted one time or in several installments.

Regards,

Hello

Sir

One of our Customer has deducted TDS in our Work contract bill.And the bill was of 09-10 & 10-11. We have received TDS certificate, but we have not taken the credit in the VAT return till date.Please guide weather we can take the credit at the present VAT return i.e in the month of Sep-11. if not what is the procedure to avial the TDS benefit.


Regards

Amit Ku. Thakur

How to Rectify C Form if TIN / CST Had been changed

while depositing form dvat 51 do we have submit a summary containing the name and amount of sales to party under c form and mention the names of the parties which have not provided c form

SIR,

ACTUALY UTTARAKHAND IS EXAMPTED ZONE.
GOVT. WAS NOTIFIED UTTARAKHAND TAX EXAMPTED ZONE FROM IST COMMERCIAL PRODUCTION TO UPTO LAST DAYS OF 5 YEARS. MAY COMPANY HAS COMPLETED 5 YEARS SO I WHANT KNOW WHICH RATE OF CST WE CHARGED IN SALES BILL AGAINST C. FORM
PLEASE ADVISED ME AND IF POSIBLE PLEASE SEND A COPY OF NOTIFICATION.& Please Send Processure of Sales Tax.