How is the Tax calculated on Goods purchased under MVAT by issuing C Form

For Example -
Purchase Price of article is Rs. 102
(Inclusive of Rs 2 CST)
Selling Price of the article is Rs. 104
(Inclusive of MVAT)

Whether the dealer is liable for MVAT on RS. 104 or on the difference i.e on profit of Rs. 2 as the dealer has purchased the goods from other state by issuing C Form

Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale out of the state(CST), then can we claim the paid CST?
Q (2) If yes, then can we set off output CST against Input CST

Thanks & Regards
FAZLE

Hi Whether VAT is required tobe paid on purchase of Old Silver items from Customer?

what are the rates of entertainment tax.

Respected Experts,
Is it any rule or notification which specify that the sales tax amount is to be shown exactly in decimal and not to be rounded off to the nearest rupee. To the best of my knowledge i have heard that the same is to be shown exactly in the invoice i.e. with decimals. Kindly provide me the assistance in this reagards asap. With Lots of Thanks
Bhavik Davda

A dealer who has applied for voluntary registration under MVAT has inadverently deposited cash Rs 25000 & Rs 5000 in by the Bank. However as per a circular this amount has to be given only by way of DD/PO.
Under which provision the amount wrongly deposited in bank can be refunded by the department.

we are in hospitality business. we want to purchase furniture for our rooms from greater noida to New delhi, since both state are covered under VAT, the dealer is charging VAT @ 13.5%. How can we save the VAT amount.

can we save the VAT amount by issuing the dealer C form and if so please let me know if furniture of rooms can come under the ambit of C form category.

Thanks

Samir Agarwal

Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale within the state(VAT), then can we claim the paid CST?

Q (2) If we purchase raw material within state(VAT) and manufacture finished goods and sale out the state(CST), then can we claim the paid VAT?

Q (3) If any type of paid tax which we can't claim is there, then can we include that (paid tax) in stock value.

Q.4 How To calculate the Special and Partial Rebating under Kvat

Thanks & Regards
FAZLE

whether vat is payable by civil contractor for the services rendered in SEZ(WCT) pl reply it

Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale within the state(VAT), then can we claim the paid CST?

Q (2) If we purchase raw material within state(VAT) and manufacture finished goods and sale out the state(CST), then can we claim the paid VAT?

Q (3) If any type of paid tax which we can't claim is there, then can we include that (paid tax) in stock value.

Thanks & Regards
FAZLE