a firm has outstanding vat payable with interest. it has paid lesser amount then demand. so amount will be set off against first interest or tax amount.
thanks in advance.

As per latest circular, the date for filing of vat return of the quarter is extended to 45 days. my question is whether there is any change in due date for payment of tax, which is 22 days from the end of the relevant quarter.

A dealer has turnover of 8 crores in MP. In Maharashtra turnover is zero. He is registered in both the states. What will be the gross turnover for the purpose of MVAT Audit & Will he be liable for Audit under MVAT Act in Maharashtra.

I am construction company prop. and also doing some contract works. I have VAT TIN and also CST NO. for Purchase of Utensils from Mumbai/Banglore...
My que. is that
1) I have purchase Utensils on C form Purchase, they give invoices to us on my Local VAT TIN No. Do it is right to quote VAT No. instead of CST No. in invoice ?
2) They have shown qty rate = amount + packing,forwarding & postage etc... = total *2% CST do it is right ?
3)Now Do I have to Count Purchase including packing,forwarding & Postage etc. or shown these exp. seprately as direct expense ?
4)In my EVAT Return Do I have to shown full amount of Purchase as Que. no. 3 ?
5)Now I have to Issue Sales Invoice of CST Purchase in Gujarat. So Kindly Know me the rate of Utensils in gujarat.
6)last I have tax invoice of spares and lubricunt which is used in construction and in our vehicle which are used for constrution or any transportion purpose, Do we can take setoff/credit of those purchases ?

thank you very much in advance

pls don't leave my que. alone
any suggesstion and help will be defenitely inspire me for helping hands.

1)vat , for the month apr10, paid on 22/06/10. then, how much interest should i pay ?

2)vat , for the month apr10, paid on 24/05/10. then, how much interest should i pay ?

3) should i pay interest daywise or monthwise?

Hi everyone

I have one query , pls. reply

what is the criteria for deciding whether vat to be paid monthly, qtr'ly or yearly, and what is the interest rate for paying vat late and also for non submission of returns.

Ours is a proprietory firm established in sept 2009, since then we have not pd. the vat nor the vat returns.We are covered under MVAT. Our turnover for the fy is 35,00,000/- and for the current yr is 1 crore.

we purchased item @ 12.5% & @ 5 % and sold @ 2% Against 'C' form

Can we take full VAT Credit of that purchase bill against our vat sale or Not.
Is any circular regarding this pls send .

WE ARE MANUFACTURER OF COLOUR TELEVISIONS. OUR FACTORY is SITUATED IN NOIDA (U.P.). WE IMPORT ELECTRONIC COMPONENTS AS INPUT FOR OUR FINISHED PRODUCTS.

WE HAVE TO SELL SOME REJECTED IMPORTED ELECTRONIC COMPONENTS TO M/S ABC COMPANY IN DELHI. ON FREE OF COST BASIS (AS PER THE INSTRUCTIONS GIVEN BY OUR FOREGIN SUPPLIER).

ARE WE LIABLE TO PAY CENTRAL SALES TAX ON THIS FREE OF COST SALE?

SANJIV BATRA

We are running a canteen in one of the colleges in Kerala on a contract basis. We sell products only to those in the campus and not to outside. Whether we need to take registration and pay tax under the Kerala VAT Act? My doubt is whether this act apply to us as we are not selling anything to the general public....?Please clarify...?

what is amount payable as vat txa?

diffrence between amount of vat on purchase and sale is payable or what?

what happen if amount of vat on purchase is more and second if amout of vat on sale is more?