A manufacturer has purchased plant and machinery of Rs.50,00,000/-. The manufacturer has made foundation of cement, sand, grit, kapchi for installation of plant and machinery and spent Rs. 5,00,000/-. Further the manufacturer has also incurred expenditure towards electrification. The manufacturer has capitalized expenditure of installation and electrification and debited to machinery account. Whether Input Tax Credit is available on Installation and Electrification expenditure?

while issuing retail invoice to the customer can we show import duty and vat separately in the invoice

please someone guide in this regards

some one please tell me that i have filed the dvat return for the month of august .
but the problem is that due to misunder standing i have deposit the local tax of amount 24865/- instead of central liablities , now we have deposit the central tax as well now i want to take refund of local 24865/- and revised the return please tell me could i take refund of access amount .

local refund :- 71087
central tax :- 95952
tax paid :- 49730 ( central & local )
access paid :- 24865

DEAR SIR

WE HAVE PHARMA MFG.UNIT IN HIMACHAL & OUR 40% SALE ON BRANCH TRANSFER & REST ON CST SALE. LET ME KNOW CAN WE CLAIM 100% VAT INPUT CREDIT ON PURCHASE OF RAW MATERIAL.

hi to all
my query is
Raw material purchased from forign market(including duty paid on import @20%) rs 47000

Raw material purchased from local market(including vat charged on material@1%)rs 10100

RM purchased from another state (excluding CST) rs. 20000

storage,transpotation cost & insurance rs 3000
other manuf. expenses rs 600

mr x sold good to mr y adding of profit @10% on selling price. vat rate on sale of such good 10%. reply please thanx.

I have quary regarding E1 sales :
What is the Exact process involved in E1 sales.
In E1 sale or sale in transist, if the dealer and the end user of perticuler product are registered to sales tax in the same state, Can E1 sale be done? and Will apply CST to the end user?

can we get godown registration with new dealer name as same its tin?example:dealer name : X company and we need godown registration with other name as y Company.Subject related to TNVAT'2006.

We have purchased on GPS based vehicle tracking unit. can I know the vat rate in Karnataka?

Dear All,

We have a confusion about the E1 & E2 Sales in transit. For E1 Sales in Transit 3 Parties required "A" as a customer, "B" is supplier of "A" and "C" is supplier of "B" . and for E2 four parties.

We have the following scaniro , please help me in which the E1 Sales are Correct.

1) If A and B are in the same state.?
2) If B and C are in the same state.?
3 If A & C are in the same state.?

Looking for Expert advice which is very help full for me.

Thanks in Advance
Regards
MK Sharma

if we file online vat return on time. and hardcopy not file then penlty we applicableor not???