A dealer has made Central Sales@5% of Rs.104075/- but has goods return In Central Sales of Rs.132000/- (CST 12.5%).Can the dealer take tax credit of the Goods Return. If yes , then how and we will show it in CST Return.

Dear Sir,

I have goat one client Tax Invoice for payment Bill date is 24-06-2010.

in that Invoice they made 4% VAT
they are telling they are registerd under
turnover tax for them it is 4% tax only.
is it correct? Please inform me

Thanking you,

Maya

Please let us know if the subcontrct do installation of machine (No Material Only Labor) for a contactor, will atteract WCT ? If there is any sales tax related liability of sub-conractor ? (He done have any other work in Rajasthan. If he has to Registered under VAT Act of Rajasthan? (Already registered in Delhi VAT Act)

If material is bought by paying vat(rs.25) & the same is utilised in providing services & the service bill raised is as below:
material 1000
mvat 40
services 2000
serv. tax 10.3%

Can a set off be claimed O/P vat 40 less I/P vat 25 & balance deposited by 21st? Or for claiming set-off one has to be a pure trader ie doesnot provide service.


kirti

is dvat is totaly change from upvat. please tell me . if is the change then wt things are change from dvat

We are working as branch office in Chennai (Trading activity), Usually we stock transfer from our head office at Delhi, where they import or manufacture and send us as stock transfer, for which Chennai branch has to give Form F against supply. In some case we directly import to Chennai to cost control in bulk quantity. In this case can we stock transfer to our head office against form F, will there be any problem.

I have a query in Form III (E) [CST] return. My client have sold some goods which is covered in Schedule A of MVAT (taxfree). where do i show it in the above said return?

Basis for Determination of quarter for form C. Date of Invoice or Date of accounting

I want to know the rule which clarifies that form C has to be issued on quarterly basis based on the date of invoice. E.g. If the date of invoice is 31st March 2010 & date of accounting is 5th April 2010, the relevant invoice need to be considered for issue of form C in quarter January to March 2010.

Thanking you in anticipation.

Regards,
Nitin Surve

if a person is having business income with no employees under him,is he liable to pay profession tax? if yes,then what shall be the amount..? Pls advise

Is it necessary to file monthly VAT return in case of small business.