Dear Sir,

I want to know the procedure of vat, vat setoff,vat liability on getting the amt of contract.(Civil Contractor)

Thanks.

Valimk

We are registered under MVAT in Dec 2009, what is the basis of tax payment and whether it should be paid quarterly, halfyearly or monthly, please reply it it urgent

Dear Experts,

I want to rent out my tower crane out side delhi should i charge CST on it ? IF not why ? Please clear me.

My firm is registered under DVAT & CST in delhi.

Dear Experts,
1)Please explain me on what occasion we have to issue Form F. In other words when can we treat TRANSFER OF GOODS OTHER THAN SALE?

2)Should we have to issue Form F if the stock is transferred within the state?

3) In case of goods send to consignee should we have to issue Form F?

4) In case of joint venture when we issue goods should we have to issue Form F?

5) Suppose there is an exhibition for goods, we exhibit our goods and if there occurs any sales, If such exhibition is conducted case a) within the state case. b) outside the state. case c) outside the country. Can we issue Form F in all the above cases?

6) Issue of Form F when we are transferring goods to an Agent. Agent says that he will hold the goods only as the trustee till the sale is made. However he shall book the invoice in his name when the sale is made. Whether Form F can be issued when the goods are send to him?

Please explain me on the above issues.

With regards,
Rajesh.

SIR
IF I TRANSFER THE STOCK FROM DELHI TO GHAZIABAD BRANCH , AGAINST F FROM , WHAT ACCOUNTING ENTRY WOULD I PASS, IF I DISALLOWED VAT @2% IN DELHI
EXAMPLE AMT RS1000 STOCK TRANSFEER TO GHZ

BRANCH A/C DR 1000
STOCK TRANFSR A/C CR 980.39
VAT DISALLOWED @2%CR 19.61

IN VAT RETURN (SALE TAX) THE AMT OF STOCK TRANSFER TO DELHI TO GHZ IS AMT 1000 OR RS980.39 PLEASE CLEAR THE ENTRIES ,

THANKS
MAHESH

Dear Sir

Could you please advise me the procedue for creating bank guarantee for VAT registration on the basis of Fixed Deposit

Best Regards

Manish

I have started business of trading in gold,silver,artificial jewellery.my estimated monthly sales is 1.5 lakh.I have applied for PAN no.Whether VAT registration is required?IF yes,WHETHER i have to wait for PAN no.PLZ reply

Dear All,

iam individual builder , i given work contractor to others, is it required to deduct VAT on him.

One of My Client based in Ahmedabad(Gujarat)has engaged in trading of Electrical goods & already registered with Commercial Department having valid TIN registration.

Now He wants to change line of business being franchisee/agency of U S Pizza Hut(Making of Italian Pizza).

Now query is whether the Existing TIN Registration is suffient for doing the said Business by way of filing Amended Application to Concerned CTO or we have to file fresh Application for new TIN Registration.
Please confirm if amendement is required along with Application to Concerned Deptt
In case of Existing TIN Registration then what documents/ procedures/formalities to be followed/needed for submission Purposes to concerned Commercial Deptt.

We get/issued Quarterly 'C'form. Is there any limit (in currency - like Rs. 50 Lacs, 1 Corre etc.) of a single 'C' Form? if yes then it is in all over India uniformly or statewise differ, also provide me detail of limit for Gujrat, Maharashtra, Punjab, Haryana, UP, W.Bengal, UK, HP. (if there is any limit of value of single 'C' form and it is not uniformed in India)