Under MVAT,if Turnover of purchase/sales during a F.Y. exceeds Rs. 5,00,000/- then dealer is required to get him registered % charge tax i.e. no tax till the sales are upto 5 lacs.

My Question is-
If there were no sales during 1 quarter & in 2nd quarter by virtue of 1st sales invoice only turnover gets exceeded 5,00,000/- then a dealer is required to pay tax on the amount by which the turn over has exceeded or the entire sales amount?

As per our company's nature of works,we are installing machine at customer place. Is there vat is Applicable? at what rate? If under works contract,then what is the tax structure?

At present,we are making invoice with words machinery rental charges and charging the service tax @ 10.3% on total value.

AB LTD is a construction company , its H.O. is in kolkata (W.Bengal). The company has purchased Material from Bimal pvt ltd (Address - Jharkhend). As per direction of AB ltd , Bimal pvt ltd send the material to the Orissa in which construction work is runing.

Tax Invoice of the Bimal pvt ltd :-
Buyer - AB ltd , kolkata , west bengal.
Consignee - AB ltd , Orissa.

Please tell me the in which State C FORM to be issue to the Bimal pvt ltd.

Suppose
if a unregistered dealer not in maharashtra, purchases from creditors inclusive of VAT. And Since he is unregistered dealer he cannt charge VAT to debtors. But can the VAT amt be recovered from debtor?and how?

Hi,

Is there any VAT or CST on the sale of natural stones and precious gems!!

Please help.

billing and delivery adress different state what is the rule as per VAT

we are using 12.5% taxable raw material for making of machinery which taxable at 4 % my question is that can we avail 12.5 % input tax fully in relation with 4 % sale as per VAT

Can any body suggest me the books on MVAT useful for sales tax Practice wrt Maharashtra.

my client engaged in manufacturing of sweets & bakery.registered in private limited company & one branch office in same city. purchase in private limited company.sale in two place one is head office and second is branch office. but purchase in one place head office. no any material through stock transfer. what the right way...

pls suggest.

regards
amit kumar agarwal

what is e1 sales, please clarify.