can anybody tell me how to account a bill of pharmaceutical company in tALLY 9.also they have 5%,12.5%,0% vat in the same bill.we are facing this problem while booking the bill. please help

Dear All
if we stock transfer our raw material (interstate purchased) to our other branch situated in other state ,will it restrict ITC 4% ? Please suggest .

Thanks
Regards
Jiwan singh

One of our client is a Trust and registered under this act by mistake as it has no transaction or activity covered by MVAT. It buys Stationary , Printing Material, Books, Notebooks etc. and distributes it to various schools or even poor children.

My queries are
1) Can we cancel the registration ?
and
2) Take the exemption certificate regarding the vat charged to them by their dealers from whom the trust purchase2 such material.
or
3) Can we claim the VAT on purchases (if cancellation is not possible), as refund as there is no sale in this case.
we are planning to file an application U/s 56 to commissioner about these queries but surely would like to know whether any other alternative is there....

compliance for getting the duplicate C form.


Customer had issued their "C" Form No. against supplies made by us during the year
2004-05. While the customer confirms that the form was issued by him and
handed over to our representative (service provider for collecting the
forms on our behalf), as per our records, we had not received the C Form.
Hence, it appears that the form was lost in transit. Since the value of
the form is quite huge, we cannot afford to pay the differential tax, which
will be quite substantial. We, therefore, need to collect the duplicate C
Form from the customer. request to all please check and advise the formialities to be
complied with for getting the duplicate C Form.
early response shall be appreciated.

Registered dealer at Tamilnadu. Goods purchased from Andhra which includes CST in the invoice.But goods are not taken by the TN dealer himself but asked to deliver at some other site (Client of the TN dealer)within TN. Whether VAT is payable by the TN dealer or Exemption Under E1 is claimable. If so what is the procedure? The Invoice raised by Andhra Trader is in the name of TN dealer and not in the name of Client of the TN Dealer.

there is a bill which is related to CST Sales agst C-form of March and now in april the full bill's sales amt is return to us. plz tell me the treatment of this sales return in which month and if it is taken in the april month then what about the sale bill fig. which is entrd in the march return as sale agst c-form.

my organisation is constructing an office since 2009-10. with respect to the amount paid, it is debited to capital work in progress. kindly suggest the treatment for excise and vat paid on the bills. can we claim the cenvat in the year the bill is raised by the party, or are we supposed to claim it in the year, we transer the work in progress to office building asset account. EVen about the vat input credit, please help.

sir in my friends client company,
they are purchased from other state and paying cenvat and the company sales those goods to local customers and they are collecting vat and total amt paid to local government.
ex: purchase cost 25000
cen vat 5000
30000(25000+5000) paid to the company of other state.and they are collect 34350(30000*14.5%+30000) from customer and total 4350 paid to local government .wether this treatment is correct or not.

One of our client is in the business of Printing industry in maharashtra.
he has not paid any VAT liability from 1.4.06. to till date.
Till today his approx liability is Rs. 5 lacs.
Suppose he purchase new machinery today on which he has to pay VAT of Rs. 5 lacs.
There are any chances to set off for this liablity.

A Ltd has been issued a notice by the sales tax dept for arrears of sales tax liability from the year 2004-05. Interest has been charged u/s 36(3)(a)and 36(3)(b)and 36(4A. Interest liability is twice the amount of tax liabilty. Is this possible???? Can a relief be claimed under any section??????