We have given contract with marterial and labour to a contractor. The person not register with VAT, No service tax registration, not supply saperate bill of material and saperate bill of labour charges. He submitt consolidiate bill with material. He is UDR contractor. Please advice us regarding the following questions.
1) Can we liable to pay VAT.
2) Can we liable to deduct TDS under VAT Act.
3) Can we deduct to TDS under Income Tax Act.
4) This contract is cover under WCT Act or not.
5) If it is cover under WCT what rate of Tax is applicable.

Regards

Dear Colleagues,

One dealer doing works contract had contract where there was no material involvement, therefore he paid service tax @12.3% & did not pay MVAT.
The contracts were under verbal order.

Now business audit has started,, A.O. is asking to produce works order to prove that there was no material involvement, and if we do not produce works order, he will treat as contacts with material.

How far he is right? Can’t we say that if you doubt, cross check with parties whether it
Was contact with or without material?

Regards
c.a.paresh zatakia

I want to have a exemption list under VAT for a supermarket client.How can I further use VAT to reduce my clients tax liability.

we are a manufacturing company and we are selling goods at factory store , further we does't have a sole selling agents , as we are calculating vat from our customer . we are getting input credit on purchase of papers but regarding other things like loose and tools we are not getting vat credit as sales tax authorities disallowed it although we are paying vat on that items also . is any provision is under vat act to enjoy that tax credit also .
please suggest on immediate basis

Hi All,
Can anyone help me on this, my client had purchased a Swift Car, I considered the vat included in its invoice as receivable and adjusted against the VAT payable amount. But, now the CA is telling that He can't claim VAT on purchase of fixed asset, as the asset is not purchased for business purpose.
Please help me out as early as possible, as I have to finalise Balance sheet and submit it to the CA.
Please give notification or clause no. or circualr no. with date if possible.

I will be very thankful to you.
you can e-mail me at junnu_ali@rediffmail.com

Is there any way to include such vehicle as commercial vehicle to take input credit??

I applied for vat & cst under section 22 &

7(2) respectiveliy in Gujrat State. My cleint have a only
resident proof is PAN card, Election card,
Ration card,Driving Licence proof but not
a any other proof for his name & also his
mother & father name like as electric bill
,telephone bill,& Muni.tax bill But All of
above proof available name of his Aunty.

My question is that in This situation please give me a amount of security in
this position.and also tell me type of
situation like as NSC or Bond 105 with under section
and subunder section

If any person make a purchase of goods at 12.5%(VAT) and sales outside Delhi at 2% CST then how can he recovers rest 10.5% (if he don't wont to take Refund)?

dear Sir,

please solve my query

i made a central sale in 9th Jan 2010 of Rs. 10,00,000.00 including CST 2 % against Form C due but the party not entered the invoice in books of accounts and ask me the you have show the sales return in sales tax and reissue a new bill to me and issue c form form in F.Y 2010-11 instead of F.Y 2009-10 please help and suggest the problem to me how can save the balance cst 10.50 % on non-submission of form in F.Y 2009-10

thanks & regards

Rajesh
9871382201

Dear Sir,

Kindly let me know the procedure of administration relief of vat.

We have a one party of civil contractor & his last 3 years turnover is 25 lacs, 35 lacs & 50 lacs resp. And he have not taken a vat no. from the dept. He want to take TIN No.& run the business streem line after paying the all vat liabilities.

THE CIVIL CONTRACTOR IS IN THE STATE OF MAHARASHTRA (PUNE)

Thanks

Valmik

we are manufacture company generally we use to purchase some spare parts to the machines and we book them under Machinery Maintenance(Expenditure) including Tax.

Recently we have purchased some spares from other state under tax CST 2%(Against C form).

Now how i pass entry in the books of accounts as purchase or Expenditure

If it is purchase entry then how i can book expenditure else if it is expenditure entry how i can obtain C Form

Please resolve this issue