Plz let me know whether transfer of Inventory form Subsidiary Co. to Holding co. is chargeable to vat under UP Vat act???

My client is into manufacture of aluminum utensils. He purchases aluminum scrap and also Furnace Oil and CSNL Oil for the purpose of manufacture.
The CSNL Oil is manufactured using cashew kernals and carries a tax of 5% while the furnace oil carries a tax of 13.5%

My question is can my client claim the credit on the furnace oil and CSNL Oil used while filing the monthly returns.
My reading of the Section 11, section 14 and Notification No.FD 507 CSL 2007, says that my client can full credit of CSNL Oil as it does not fall under the definition of lubricants and in case of furnace oil, it would be restricted to excess of local vat over cst rate.
Would like to know the opinion of the experts as I am required to file VAT 240 and am thinking of claiming input credit now for the entire year. Can I do so?

what is highseas sales & which declartion form should be issued (in terms of vat)


how to treat this transation in vat return Or audit report 704

My one of frnds father is a contractor,and he is providing job work to companies for Grid,Gate,Railing,Window & etc.

But now he wants to supply of materials himself + job work.Whether he needs to registeration under sales tax for supply of material or service tax for job work. His total turnover can be nearest 35,00,000.00 during the A.Y. 2011-12

Please to suggest, what is the right procedure to start a newly proprietorship.

hi,
I am a bangalore based company.

I got one Purchase order from company X based in bangalore, he has given purchase order with sold to bangalore and ship to Nagpur, now in nagpur i have to pay octroi
IN his purchase order he has just mentioned taxes(if any)

now i have to bill to him
whether i have bill VAT 5% or CST 5% and octroi charges how to bill kindly suggest

presently i am raising 13% sale tax on work done by us to the debtor. but i am getting raw material from with 5%. how can i take credit.

if i get the bill from the manufacture, how can i take credit.

please give feed back.

I have lost a Road Permit of Chattisgarh. Our Material ready for dispatch. What will i Do ?

Dear Sir,

Can you please tell me the VAT rate to be charged to Customer if pre-owned car is sold within West Bengal

we have purchase a item in Tamilnadu having rate of 12.5% and sale the same in Tamilnadu to government @ 4%(terms of tender. Can we claim the refund of the balance input.

If yes what course of action we have to take. Whether claim annual or quarterly

REgards

Yogesh gupta

Services provided by ITeS are liable to Service tax but whethere these are liable to VAT also? Isn't that result in double taxation?