Dear all

My query is on the following circumtances:

A real estate company is taking credit of VAT input

As the project is under construction so VAT output does not arises.

further more the company has not taken vat registration no as its say that vat liability does not arises as now and it will take regd later.

My query is as the company has not taken vat regd. , can it shows vat input entries in books,
further whether it has to file return or not.

Please i need a expert advice as this is a very serious matter.

Regards
Jitesh Tibrewal

my question is that if head office is in hydrabad and its branch off in mumbai n pune then whether branches also req to apply vat no even though company possess vat no ?????????

A restaurant charges service charge @ 10% on food served and then charges VAT @ 12.5% on the aggregate amount [i.e. Charges for food items + Service charge @ 10% on such food items]

NOTE:-
This service charge @ 10% is charged only if food is consumed at restaurant, i.e. if free home-delivery is opted then no service charge is charged.

[Q1] Is it correct to charge VAT on service charge as well ? Should'nt it be seperately charged by service tax rather than by VAT ?

[Q2] If No, then should he charge composite rate of tax ?

What is the treatment under karnataka valued added tax act 2003 regarding goods which is purchased by paying vat given to end users free of cost.does it amounts to sale, pls explain and how can we account it in vat 100.

Please clarify me the following queries in relation to applicability of karnataka VAT on Export oriented units
1) whether registration is required?
2)VAT included in purchase of goods is exempt or company has to pay ?
3) as there is only export sale , what is treatment for input tax ( on purchase in local)
Thanks in advance

An authorized service station of car provide service to customer, but the spare parts which are replaced under warranty provided free of cost to customer and the same is recovered from the supplier
Further supplier has been returned only the cost of the part not the selling price

whether sales tax will charge to supplier on recovery amount

Also i want to know what tax planning we can do to save the tax
can we show as agent and principal transaction

Please Reply soon

Dear Sir,

I didn't yet filed Form 20 for financial year 2009-10 which was absolutely NIL.

So my question is if i am going to file now is there any penalty for nil return ???

Kindly suggest .....

Thanks,
Krishna

What is the vat rate in Maharashtra for Electric Oven ?

Dear All,

We are selling printing labels in Gujarat and at All India Level.

I want to ask VAT/CST should be taken on which price ? I am explaining as under :

Sales Price is Rs.100
Add : Delivery Chgs Rs. 20
Add : Minimum Chg. Rs. 10
Total Rs.130

Rate of VAT 4%
My question is as under :
Righnow I am charging 4% VAT on Rs.130/- but some of my clients asking for not to charge VAT on Delivery Charges as well as Minimu Charges.

What is your opinion or suggestion in this matter ?

Regards

Aashish Patel

hello sir

i want to know about vat audit , e-filling and vat audit report form etc...

plz tell me about the basic and vat audit form, format etc.. and how to e-filling...

GUJARAT VAT