Hi any one can help me.
I am working in a engineering design company, so there is only service revenue. no purchase and no resale. So i am confused what is the entries for sales and VAT journal entry. Give an example.
Many thanks in advance

We are a trading firm and have received a confirmed order from the unit situated in SEZ. The SEZ unit is exempted from paying CST on purchases from us. Now whether can we claim exepmtion under CST or DVAT on the supplies that will ultimately be sold to the SEZ unit as exempted sales. Meaning thereby that whether we can make exempted earmarked (for the SEZ unit only) purchases and then sell those earmarked exempted purchased goods to SEZ unit without charging any CST?

plz explain the process of e-filling of vat return and vat e-payment.

Dear Sir,

We are a regd dealer of Gujarat. On our product, Gujarat VAT is 1 %. And similarly CST is also 1 % agst C Form.

One of our Out of Gujarat Party says that we can bill them with 1 % CST agst C Form. But cannot demand C Form as on this item, rate of Tax, i.e. VAT & CST is similar-1 %.

Is it true ? If so, pl. provide noti. no. etc
thanks
anckoora

Hi,
I just wanted to know what is the limit of Turnover for VAT Audit in Maharashtra for F.Y 2010-11.
Since, the limit for Tax audit has been increased, whether the same is applicable for VAT Audit also, because you have to provide details of Tax Audit while submitting form 704.

Regards,
CA. Sumeet Tated

One of Our Client is "A" engaged in the Hotel Industries.

He has abtained the GST no from Department in the Category of Lumpsum Payment of VAT. Now in this Category they are not eligible to buy the Products from Out of Gujarat and if they do, they loss the benifi of "FORM C" as they are already enjoying benifit under Lumpsum scheme.

Now they want to buy some Fix Assets from Out of Gujarat & they need to get the CST registration.

Now my question is If "A" applies for the CST, can they enjoy the Benifit of Lumpsum Scheme ?

If yes on what base ? And if "No" , so what is the other Option ?

SIR I WORKS IN GARMENT COMPANY SELLING CLOTHE WE PURCHASE A CAR FOR SELLING & TRANSFER GOODS FROM BRANCH TO BRANCH ,CAN WE SET OFF INPUT VAT OF CAR PURCHASE AGAINST OUT PUT VAT SELLING CLOTHE ,IF YES THEN HOW

I AM IN NEED OF DETAILS OF DEALER OF TANUKU(ANDHRAPRADESH) HAVING TIN NO.28260196449.

I HAVE SEARCHED IT FROM COMMERCIAL TAX WEBSITE OF ANDHRA PRADESH BUT I FOUND ERROR IN IT.

SO PLEASE CAN ANYBODY GIVE DETAILS OF THE SAME?

Dear Colleagues,
Mr.A & Mr.B were a directors in XYZ P.LTD.
The co. went sick 15 years back. Lending bank attached all properties ,machineries, goods etc.
The company since then is inoperative having no assets..
Now Mr.B is not traceable. Mr.A has now received notice from maharshtra sales tax dept for recovery of unpaid sales tax.
1)Can maharshtra sales tax dept recover dues in personal capacity from Mr.A? According to me no.
2) Can he be prosecuted after such a long spate of time?

What are the purpose of issue of Form-H who issue to whom and what is the time limitation for the issue of the form and what are the consequences for non issue of Form H?