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Akhil Goyal
17 August 2011 at 11:39

Tax invoice

Can a Delaer registered in Haryana eligible to issue Tax Invoice for Sale Made to a Dealer in Punjab against Form C?

Actually I issue an Retail Invoice to a Dealer in Punjab. But they are not passing my Invoice for Payment and insist for Tax Invoice from Me.

I told them that I am not Empowered to issue Tax Invoice to You as per Haryana VAT Act. but they said they are also purchasing goods from other Dealers in Haryana and Reciving from them Tax Invoice in Punjab.


R VAIDYANATHAN
16 August 2011 at 18:12

Cst-construction

I AM PURCHASE HBEAM IN HYDRABAD I ALREADY PAID 2% AGAINST C FORM NOW AGAIN I HAVE TO PAY ANY TAX IN TAMILNADU VAT ACT .IF IAM NOT GIVEN C FORM TO THE PARTY WHAT WILL THE EFFECT,PL TELL ME THE CLAIM PERIOD FOR C FOM WHETHER 1YEAR OR TWO YEAR PL CLARIFY
IF I PAID TAX MEANS WHERE CAN I SHOW IN FORM1


Mukundan
16 August 2011 at 17:15

Different billing and delivery address

We are procurring material from Pondicherry at CST 2% against form C. The we are selling this to our super stockist at trichy at 14.50 %. For transport convenience, can the product be directly sent to the trichy super stockist from the vendor at Pondicherry.

Can the supplier at Pondicherry bill it in our name and deliver it at the super sotckist place. We will raise an invoice on the super stockist at 14.50 %



Anonymous
16 August 2011 at 17:05

Wct on soil test investigation contract

Dear all,

we are engaged in contracting a construction project in tamilnadu. We had made a contract with a company for conducting soil test/Geological test for the purpose of construction. We are deducting TDS as per sec 194J @ 10%. In addition whether we have to deduct WCT as per TN VAT under other contract works @ 4%.The vendor is not from Tamilnadu.
Kindly give your valuable suggestions.


Sachin Kumar
16 August 2011 at 16:44

Input credit

Hi Sir,
can dealer sell goods less than their cost?

for example:
in a period dealer's purchase is 100000(Rs100x1000/Pcs)
and he claimed ITC 4762.
& he sell (Rs 80x1000/pcs) and discount+his margin amount claimed from supplier.

than what he should be do regarding ITC.
any curricular or ruling is available on it for UPVAT?



Anonymous
16 August 2011 at 15:56

Input tax credit

Can a software company can take Input credit of VAT paid [Both capital & revenue Expenses].

If so can this input tax can be settoff aganist the CST payable of the Company



Anonymous
16 August 2011 at 13:30

Vat return

MCD has handed over a contract to a company (hereinafter refered to as first company) for construction of automated multi level parking. The company has further contracted the work to another company (hereinafter refered to as second company)which is carrying out the construction work.

The company which is carrying out the construction work gets covered under the works contract service.

On bills raised by the second company, it charged VAT. The first company deducts works contract tax @ 2%.

Is the first company required to file DVAT return ?

Please reply as its urgent.


Sachin Kumar
16 August 2011 at 13:07

Input credit

Hi Sir,
can dealer sell goods less than their cost?

for example:
in a period dealer's purchase is 100000(Rs100x1000/Pcs)
and he claimed ITC 4762.
& he sell (Rs 80x1000/pcs) and discount+his margin amount claimed from supplier.

than what he should be do regarding ITC.
any curricular or ruling is available on it?



Anonymous

Pls. let me know the basic difference between a sale invoice & vat invoice.


shashikala
16 August 2011 at 12:13

Vat accounting in karnataka

Hi All
I have dealer ship Business, i registered Frozen Food Dealers under vat.
I purchase frozen foods including vat.
i sale including vat bill.
so, I would like to prepare return and pay it as per bills or not.
please conform me.it's urgent






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