Dear All,
I seek your advice in this matter that when a dealer is giving a scheme that after 5 quantity of goods purchased, the customer will get 1 quantity free. In this case the billing is done separately for both quantities. The problem is in octroi billing where one has to show atleast 75% of MRP, no vat is collected on same. Since it is for free, however a separate bill of 75% is made. Can you suggest us a better way of billing and charging vat on the same?

We manufacture a device for aiding communication to the speech disabled, autism affected people. We would like to know what percentage of VAT and CST to be charged on this device. Right now we are charging 14.5% which we are not sure.

Dear Sir
Kindly inform me what is the procedure for getting TIN no in HVAT and which documents is requirement for this Purpose ?

Dear Experts, Hope u enjoying your hectic schedule. i have a query. Is there any time limit to claim input credit under KVAT Rules if the dealer is not all filed his returns. for eg; he has not filed the return from Apr 10 and now he wants to file all the returns from Apr 10 till Aug 11 at one go. Can the department deny the input credit for April 10 to March 11?
Pls quote if any clarification/notification from the deptmt.
Thanks in advance.
RAM

Hi All,
Can anyone tell what is input Tax & Out Put Tax what is the machanisum how it works. & what is input credit what it is actually is there any out credit?

Hello Experts,My query in vat act in tamilnadu,That
1.Every goods should be endorse in Form B declaration(CST Registration)if fails which goods sold in tamilnadu then what will be tax and penalties?
2.Now it should be possible to endorse in Form B Certificate?

Sir,
One of client is saleing cement which attractes VAT @ 14% in rajasthan.
Suppose Company's Billing (i.e. Purchase amount ) is 240,than Client have the input credit of = 240*14/114 = 29.47 RS,
Where Client is the wholeseeler who sale the same @ 230 Rs PB,output credit = 230*14/114 = 28.24.
After this company gives the credit of 12 RS to Our client without recovry of VAT.
Now Our client have an excess of Input Credit on RS 10 .
Now my ques. is whether he will be able get the refund of that or may be adjusted in next Vat return.

shall we take vat input credit on capital goods as per APvat act if yes how much shall i take input credit.plz reply me in detail

what is the due dates of filing return of Vat( Monthly & yearly.)

clarify the sale outside the state and sale in course of inter-state sale with example