hello


VAT

VAT apply on leased assets under deemed sale...

if i have give machine in rent .. then i should apply VAT ????

if opposite party is turnover is exceed and he also collect Service Tax on Rent ???

Simple Question is

if i Rent My machine to Mr.Y then Should i collected VAT from Mr.Y??? and Mr.Y also Collected Service Tax from Me???

its true???

Respected Sir,

Can you plz tell me,
1.Definition of "works contract" in MVAT.
2.VAT rate applicable to works contract.
3. Is the service tax applicable to the portion of works contract on which vat is not payable.

Thanks,
Sumit

pls send me the brief note on composition scheme for Builder

Can VAT be levied on sale, by a retail store, of gift vouchers?

According to me gift vouchers are similar to advance & not goods, hence not liable to VAT.

Also, what other documentation should be kept, from VAT point of view?

Dear Experts

Pls help me on following:-

One of my assessee is in the business of manufacturing shoes which is a excisable product. Now they want to shift its factory from delhi to kundli & they want to shut down the factory of delhi. so all stock will also be transferred.
Pls tell me what are the compliance as per Excise Act, sale tax and income tax also.

Regards
Deepak Kakkar

Can a construction company (involved in road construction)claim input vat regarding purchase of capital goods (Purchase of JCB Machine)?

Dear Sirs, I have a query on time limit to apply to the high court in UP against an order passed in appellate tribunal. Pl help. Thanks & regards
Acharya

Dear Sir,

I had supplied one equipment to our client in SEZ (Kandla - Gujarat) in Feb 2010. But now our client is not sending us Form-I or Duplicate Invoice attested by Custom department. I want to know what action can I take against our client to get SEZ exemption forms. And if they cant issue these forms, can I ask them to pay 5% VAT + penalty + interest.

Please reply me.

Thanks and regares
Sundeep Rajput
Mobile No. : 9898691189

Dear Experts,

Mr.X is started business in the month of september 2010 but he has not registered with KVAT. he is applied for registration in this month. My Query is, if he get registration certificate in the month of November,how to file VAT monthly returns for the month of Sep, Oct & Nov 2010. is i need to consider the Credit sale/purchases of Sep, Oct & Nov month?

Thanks in Advance

Someone told me that minimum 1000 labour must be there to term a contract as works contract .Is it true? I never seen this type of conditions in WC Act. Please help me to solve my confusion.