NIKIT SHETH
13 January 2011 at 14:34

Treatment of VAT Deposit

Rs. 25,000/- needs to be paid as VAT Deposit during the registration under MVAT Act, Credit of which is available to set-off against VAT Payable. My Query is how to show the payment of Rs. 25,000/- in VAT Audit Report?


Y.ABDUL BASITH
13 January 2011 at 13:14

tnvat registration procedures

i want to know the regsitration procedures,fee structure,forms and documents to be submitted to get tnvat(Tamilnadu Value Added Tax) registration certificate.it is a private company.
kindly mail it to my id.


Amipara sanjay B.
13 January 2011 at 11:59

VAT on rentl

sir,
One of my Clint has given plant and machinery on rent and he is charging vat on that, Is vat chargeable on rent of P& M, and if yes than what rate of VAT is applicable ?


VARUN.C.DAS
13 January 2011 at 11:11

Input Credit

Dear Sir
This is the situation sir
I Filed vat return with out including the two purchase bills its Vat amount is around 25000/ but the bills get only in after two months but the seller show it in that months only what can i do sir?
1.can i include it in current month? But the bill date is 31-08-2010
2.or i need to revice the Aug Return?
Which one is currect

Another doubt

Can i teke the input credit for the previou year bill in current year?

Can i Take the previous Month bill in Current Month?

What is the procedure for Manual Return?



Anonymous
12 January 2011 at 22:36

Input Credit

IF an item is being sold at loss for eg buying price @ 100 vat input 5% Rs 5 ,but sold at 90 vat output Rs 4.5,what will be input credit ,Rs 5 or will be restricted to Rs 4.5 ,any difference in case dealer is dealing in say 20 items some sold at loss ,some at profit ,but overall there is a profit sale .



Anonymous
12 January 2011 at 17:14

Vat on Consumables

Dear All ,

We providing housekeeping services, while we raising houskeeping bill that include consumable that we rendering services for housekeeping. We are charging service tax but we are not charge vat.
Is vat should be charge? On that bill we are not mentioning in bill ?
Best of my knowledge it shouldn't but still i have doubt about this?
Consumable using for rendering housekeeping services.

Pls help for this?


Soorej
12 January 2011 at 16:55

input tax credit on capital goods

Sir

one of the car dealers in kerala purchased lift and other car servicing machinaries from tamil nadu and from karnataka. they were billed at full rate ie at 12.5% rate instead of CST 2% because they were informed that C form will not be issued for this.

can we claim input vat credit on this capital goods which were purchased from other states..





Deepshikha
12 January 2011 at 15:46

registration and compliance of VAT

State is Delhi. Turnover is below 10 lacs so also guide for the frequency of VAT returns.
Please tell the complete proceedure for VAT registration for jeweller and further compliances after registration.


Manoj Sehrawat
12 January 2011 at 15:17

VAT

plz tell me

we can take Input VAT on purchase of consumable item in local



Anonymous
12 January 2011 at 12:56

Penalty Notice Under Sec 29 (8)

Please Suggest me
We have received a Notice From Sales tax For non Filling of return Even We filled a Vat return
Whether notice is Related to OMS Sales
if yes then We have not done any sale out of Maharashtra & Also not filled A CST Return

Please reply me ASAP






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