In Karnataka VAT system e-sugam form is introduced.

I want to know whether Form 505 & Form 515 is still used for stock transfer.

Please advice if it is cmpulsary to file CST return even if there is nil tax to be paid and MVAT form already have column's wherein CST details are mentioned/filled. Please advice as maharashtra govt has sent demand ntice for Rs5000/- for non filing

HI EXPERTS,
SIR MY CLIENT HAS MADE EXPORT SALES IN F.Y.2008-09.(DEALER IN FERROUS NON FERROUS METAL- C 54 )MY QUERY IS, SHOULD MY CLIENT RECEIVE FORM H AGINST EXPORT SALES.& IF HE DOES NOT RECEIVE ANY FORM THEN WHAT WILL BE THE LIABILITY UNDER MVAT ACT 2002?I HAVE TO CHARGES TOTAL 4% TAX AGAINST NON AVAILABILITY OF FORM H?

ITS URGENT
THANKS

Please guide as to how to pay PT ( Maharashtra) online


Thanks in advance!!!!

to

respected sir,
I have to questins
1. is there any tax libility is there where i can sell the fish in the market in bulk.
2.can we pay vat tax in sale of goods like fish meal & fish oil extracted from fish.

from
Amzad ali

DEAR SIR I WANT TO KNOW THAT
1.WHAT IS THE INTERSTATE PURCHASE,INTERSTATE PURCHASE@ 4%,INTERSTATE PURCHASE @2%AGAINST FORM C AND PURCHASE EX-UP,
2.WHO ISSUE FORM C AND FORM 38
3. CAN I ADJUST CST TAX FROM INPUT VAT OR CST TO BE PAID

Sir my client is started a small business under Vat act last year. His purchases and sales are local only. He is adjusting the input credit on purchases at vat payable. At the ending of the year his turnover does not exceed 10 Lakhs. The Assessing officer disallow the adjusted input tax and he ask to pay the entire collected tax along with penalty of 150% and give the notice that you are not eligible to adjust the input tax credit because your total turnover is less than 10 Lakhs. What is the remidy to solve this issue. They are not covered under compound rate. The tax rate for the similar product is 4%

Is there any time limit for claiming the input vat?

Here is an exmaple........

A company has purchased some goods in the month of Oct 2008 and the entity has not claimed in that month and they have claimed in the month of Nov 2011.....Is this an eligible input vat claim??

Please help

Supposed we are X situated in Mumbai mahaharashtra , we recd order from Z situated in Nagpur Maharashtra, we require to desptch the goods Out-N-Out basis (Sales in Transit) from Y situated in Chennai to Z in Nagpur (Interstate Transaction).

In this case i understand that Y supposed to bill X releasing with E1 form with charging 2% CST and on the same X suppose to bill Z charging Nil CST against form C

Can this transaction shall complete for the E1 base ?

Pls Advice.

I have purchase goods from other state and party demand C form now Which No.(VAT or CST) I have to write in their C form ?