Dear Experts,

My question is, if goods purchased by a registered dealer in WB is sold in ASSAM.

Can he claim input VAT paid with the output VAT payable in ASSAM?

Please Reply. Its urgent.

Regards,

Dear Friends,
I am working in a Gujarat based pharmaceutical company. We are going to sale our excess asset of 'iron cupboard' in the market. I want to know :
1) Shall VAT be charged on the sale of this asset?
2) If yes. Then at what % shall be charged?

Sir,

Whether the input tax paid on the materials used for two different jobs can be claimed for as input tax credit under VAT?

My query is relating to a newspaper making industry where the input tax paid on materials (such as ink, paper, ribbon etc) used for printing newspapers (primary) and the same materials when used for printing any other journals (secondary) can be claimed as input tax credit?

Please suggest me any case laws, circulars or notifications relating to this aspect. Also, suggest me a method to differentiate (proportion of the materials)used in the two jobs.

We are registered dealer under Punjab Vat Act.We are purchasing Formic acid from Gujarat party.After collecting order from our customers,for passing cenvat credit to ultimate buyer,in the bill raised by the party name of the ultimate buyer is also placed by the Gujarat Party in the column consignee and in the column sold to our name is mentioned.LR is being prepared in the name of ultimate buyer,means that it is case of predetermined sale by transfer of documents of title of document.Please refer to case law of A& G Projects also which creates another comlication.
Another query is that we have a private limited company and a partnership company both the directors in the company as well as partners in the firm are same(Both Husban and Wife only;).Vat and CST Registration of both the entities are different.
but address of both the concerns are same and one only.
Now due to some practical problems we are purchasing material from Gujarat in partnership firm and effecting sale in transit without any magin to our another company at the same address.
Querty is that is it possible to effect sale in transit between two related parties having one and single address where partners and directors are same.
So.can any authority whether income tax department or sale tax department prove that as the directors and partners in both entities are same and address is also same and even no margin is added in the subsequent sale.Transcation of subsequent sale is fictitious in nature and used as a tool only to avoid or evade tax.
Futher is to possible to endorse a LR/GR to own address as both the entities are having same address.

Sir,


Software company having export turnover (Software) exceeds 40 Lacs, fully exempted from VAT. Weather VAT audit under Karnataka VAT Act is applicable to this company?

HOW TO REVISED RETURN
IF IN APRIL REVISED VAT PAYABLE 170000
AFTER PAYMENT OF135000
BAL PAYABLE 35000

BUT IN MAY - MARCH 2010 , OVERALL REFUND OF39000 . HOW TO ADJUST?????

NOT TO PAY 35000 , HOW TO ADJUST APRIL LIABLITY AGAINST REFUND OF 2009-10
IS IT CORRECT ????????????? PLZ SUGGEST

Pls. give me some knowledge about Works contract tax in Gujarat state, how we can know that the contract is WCT contract ? and which procedure to follow for the same

pls. prescribe the whole procedure if possible.

regards
yogesh

Pls anyone clarify that if two related parties having same directors and having same business address same business premises can effect sale by transfer of documents by subsequent transfer of documents of title.In this case first sale is interstate sale under section 3(a) from third party from another state only subsequent seller and ultimate buyers are related parties (management and control as well as directors are same in both the concerns.
Futher is it possible to endorse a document of title (LR,GR or RR) from one sister concern to second sister concern at one and same address to avoid sale tax.

Dear Experts,

I have few specific query regarding MVAT registration.
1.Is Raigarh under Mumbai region in case of MVAT?
2.Can it be shown at the time of document verification,that the Profession TAx registration is applied for or is it necessary to have the Ptax number?
3.Is it necessary to be ready with the registration fees (DD) during document verification?

Regards,

Sukanya

Dear Sir,

I had applied for new Vat reg. no in sale tax office during October month but still i have not received that no from the department.

So My question is it is necessary to file VAT/Sale tax return for the period of 1/10/10 to 31/12/2010 ???

Thanks
Krishna