one of our client is a manufacturer of plastic folders. he has purchased a generator for business use. whether he has to issue C-Form for the purchase of generator ?

Pls reply

Wat is use of E-1 form and E-2 form of Sales TAx

Just a clarification is required that whether HVAT is payable on Service tax part also?

We raise the invoices to our client and charge Service Tax and HVAT (Haryana VAT) separately mentioning on invoices. Do we need to calculate HVAT liability on the basic value or the basic value + Service tax amount??

Pls advice.
Thanks,

In form 501(form for vat refund)
we can claim vat refund for the period starting from 01/04/06 & not prior to it.
But ABC Co has vat refund of Rs.17000/- in 2005-06 & this refund is brought forward & adjusted with VAT LIABILITY of 2006-07 & VAT Refund of 2006-07 is brought forward & adjusted with VAT LIABILITY of 2007-08. In 2007-08 there is VAT REFUND of 130000/- after adjusting refunds from 2005-06. So how one can claim refund in Form 501 as it mentions condition of period to be started from 01-04-2006.
Kindly help to solve the query.

Dear Friends

Pls tell me on which amount WCT is deducted.

Installation & Commissioning RS. 50,00,000
Service tax 1,71,666
---------
51,71,666
----------

Pls tell me on which amount WCT is deducted.

Dear All,

Please take a note that, we are engaged in Software development.

Recently we have purchased computer(PC) and install addition software in that machine

Now we want to sale this item to client.

Further note that, we have services tax no. and VAT not applicable to us.

I request you to please suggestion, which type of tax applicable to us.

A waiting for your reply.

Your co-operation will be highly appreciated

Regards
Rajnish

A dealer who comes under VAT system does not collect Sales tax from his customers. However he pays every month Balance VAT tax on output after adjusting input tax.In this case whether the Input tax paid and the monthly sales tax paid can be claimed as expenses in profit and loss account and whether the same is allowable expenditure under Income tax Act.

Mr X is a trader who claims Vat input credit on Capital Asset like Motor Vehicle.The Sales Tax Department refuse to give the Input credit saying that input credit can be taken on other capital assets expect Motor Vehicle.
Is Department view is correct?

Dear All:

Please let me know what provisions of VAT/CST will be applicable on the company selling goods online in India.

Your immdediate response will be highly appreciated.

Regards,

Manish Kapoor

my uncle has forgotten to write Tin No. of Buyer in Sales Invoice. What will be the penalty according to Maharshtra Vat and Haryana Vat.