Dear Friends, I am working in pharmaceutical company situated at Gurgaon. Please note on medicines CST rates is 3% against "C" Form & 4% is without "C" forms, also the local VAT rates is 4%. I just want to know if we do not received "C" forms from respective parties, than what will be our further tax liabilities to VAT authories, whether we have to paid 1% of amount or 7% ?. please suggest, its very urgent.

Original sales happend in Feb-10(2009-10) and sales return happend in July-10 (2010-11). Can it be possible to adjust this sales return in the TN vat July-10 return.

Is there any condition like last year sales return should not be adjust in the next year.

i know that sales return adjustment is possible for six months from the date of invoice. kindly clarrify whether i can adjust this return in my july-10 return or not possible.

Regards

Kumar
kumar.mani@in.hjheinz.com

hi......
Example -
If ' 'A'' is manufacturer in maharashtra ( out of Mumbai ) & supply material at Mumbai to our verious customer. 'A' raised excise invoice on it's customer at it's manufacturing centre ( i.e. - basic + excise+ vat + insurance) & after transit at the time of Entry in Mumbai "A" paid Octroi on behalf of Customer (reimbursement ) and deliver the material to customer.
For collection of Octrio amount "A" Raised a commercial invoice ( details of above invoice plus octroi ) & collect the same from customer.
I want to confirm that on above instance whether vat should charges on Octroi ? and if it is charge then what is the invoicing structure at manufacturing level & the at commercial invoice.

thanks

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Dear Sir/ Madam,
We have a Trading Firm based in Rajasthan. I purchased HDPE used bags from a manufacturing concern. They charged vat 5 % on such item. As per the Raj Vat Rules "used bags" is exempt from tax subject to the item should be mentioned in Registration Certificate of the seller. in our firm's registration certificate item "used bags" is mentioned.
Qurie is
When I sell the used bags whether i have to charge the vat on sale bill ? where as i paid the VAT at the time purchases but Item "used bags "appeared in my registration Certificate

and if VAT is not be charged at the time of sales then is the credit received on such a purchases can be utilised for other transactions?

In case sale through C&F agent who is liable to register Principal or C&F agent???