Can input tax credit be availed on use of petroleum products????????????????

i file return of mvat form 231 online but due to problem in download process of computer i had lost acknowledgement receipt of online. Is there is possibility to regenerate or to access that acknowledgment receipt please sent me replay as soon as possible please...

After filing the e-return in Karnataka VAT return, again we need to send hard copy to the department

I am working in Hospital. The hospital is registered a charitable trust.
Our hospital is under renovation. The contract value is approx. 4.45 crores.

I understand hospital has to deduct and deposit VAT on works contract. However, our hospital is not registered under VAT.

Could you please guide us on this aspect.

- Is it mandatory to get registered under VAT
- or is there any other way to meet the legal obligation of deducting and depositing the WCT i.e if contractor pays the WCT amount in advance and submit the proof of payment alongwith the bill.

Thanks and Regards

Sir, Thanks a lot for your first reply.I agree for the contents mentioned by you .The awarder is not deducting any vat.Each time he deducts the TDS amount for the payments makes to us for our Bills.. We are remiting service tax and vat (compounding ) for the cheque amount received from the awarder. My doubt is whether I have to calculate & remit vat on TDS deducted by the awarder. ( I understood that THERE IS NO TAX IS TO BE PAID ON OTHER TAXES).MY VIEW IS....... Here the TDS AMOUNT IS A KIND OF TEMPORARY DEPOSIT AT IT DEPARTMENT. ONLY AFTER FINALISATION OF ACCOUNT FOR EACH YEAR WE WILL BE KNOW HOW MUCH INCOME TAX TO BE PAID OR TO GET REFUND FROM THE TDS AMOUNT. SO PLEASE CLARIFY WHETHER I HAVE TO REMIT VAT ON TDS. THANK YOU

Hi,

How to calculate works contract tax in Karnataka? Who are all eligible for Work Cotract Tax?

Sir, I want know (VAT IN KERALA) - When the awarder gives payment to us he is deducting TDS from the payment made to us . The Awarder is not deducting any VAT.Whether I (contractor) is lable to pay VAT at the time of quarterly return time on the TDS amount also or for the cheque amount what we received from the awarder.?

tel me procedure to get vat reg

& cost

Sir,

A contractor has made Interstate purchase for Rs.1,00,000/- and paid CST @12.5% Rs.12,500/-, Freight Rs.2,000/-. My question is, whether he has to pay KVAT on Rs.1,12,500/- ie., Rs14,063/- or on Rs.1,00,000/- ie.Rs.12,500/-?


Please reply immediately.


Thanks in advance

vat on sales of purchase exempted goods is to be paid on difference of purchase and sales which had been paid by my clients
however my clients received discount such as cash discount qty, turnover discount which was shown seperately below the line

asessing officer is adding this amount of discount as profit and asking to pay vat on this discount is he right Please guide in my opinion discount is a fiancial charge with is not profit pls guide and eloborate with cases laws if possible