my client is running a construction company, he bought one tipper 2 months back and now he want to sale it.
my question is,
what is the rate of vat on sale of used Tipper(vehicle).and if any other tax implications are there plz provide me.
" it is Urgent".

Hi,

Can u any tell me that on which site online return of professional tax to be filed and is there also a facility of making online professional tax..????

Dear All,
We are exporters of processed fruits from Andhra Pradesh, up to now we are directly supplying to the customer ex-london (clearing part taken care by the customer) but now onwards we have to distribute our products thru CHA based in London and we have to pay the CHA charges (service charges) for the same directly in GBP thru our indian bank ( we understand from our bank that we have to open EEFC account for transfer amt in GBP), we would like to know what are all the taxes (like VAT/TDS/IT) applicable in this regard, as we have to mention the same in agreement - please help us in this regard.

respected experts

I want to be conceptually clear about MVAT audit. What is the methodology that one should apply while doing it? Is there any standard procedure? Please explain me the steps by which one should proceed.
How can one use excel in it?

sir
i am working in pvt. hospital. one photocopy machine installed in office on monthly rent like rs 3200 pm upto 6000 copy
and .40 for extra copies.

at the time of bill this company charge 12.5% vat on monthly rent and 10.3% service tax on excess photocopys

is it right ?
what is the rate of vat on rent of machines.

i(gujarat party) purchase good from daman where 0% tax on item. but tax in gujarat is 5%. now gujarat party sale inter sale to delhi party in transit.

daman consultant say that i can not issue E-I form as such in daman rate is 0%. is daman consultant right or wrong ?

As per latest Notification issued by punjab govt.issued dt 07.01.2011. where the VAT rate has been revised @8% for plastic granules where as it is 5% for HDPE & LLDP. Kindly explain that ours is a petrochemicals Industry which produces both PE & PP. Hence should we charge VAT @ 8% or 5%.

PLEASE GUIDE ME IN URGENT...................... SIR, WE ARE BASED IN KERALA AND DOING CIVIL WORKSCONTRACT AND REGISTERED WITH VAT DEPARTMENT IN KERALA. WE GOT ONE NEW WORK IN KARNATAKA STATE AND WE TOOK REGISTRATION IN THAT STATE ALSO TO REMIT TAXES FOR THAT WORK IN THAT STATE ITSELF.

WE ARE GOING TO PURCHASE ONE MACHINERY FROM KARNATAKA STATE AND USE THAT MACHNIERY FOR THAT WORK IN KARNATAKA. AFTER COMPLETING THE WORK IT WILL BE SHIFTED TO OUR KERALA STATE HEAD OFFICE. THE BILL OF MACHINERY WILL BE RAISED IN THE NAME OF KERALA & PAYMENT WILL BE GIVEN FROM KERALA BY DD AND MACHINERY WILL BE TRANSPORTED IN THE BANGALORE STATE TO OUR WORK SITE ONLY (SELLERS STATE). ([MACHINERY IS NOT PASSING OUT OF THE SELLERS STATE AND THE TITTLE (BILL)IS IN THE NAME OF KERALA STATE]. WHETHER CAN I ISSUE C FORM FOR THIS AND CAN I ABLE TO PURCHASE UNDER CST FROM KERALA.

Is profession tax applicable to partnership firm if The firm is liable for VAT and the turn over exceeds Rs.25 lakhs. I am in the sate Maharashtra. Pls guide. Thanks in advance.

Hi,

XYZ company purchased goods ( 10,000 qty ) of Rs.10,00,000/- @ 5% , total Rs.10,50,000/-.

7500 Qty transfered to respective branch as stock transfer against F-form.

Balance 2500 with XYZ.

In this case, how much input restriction ?

What is formula for Input VAT restriction ?