Prahlad
30 January 2016 at 10:25

What is vat vrs and vat regular

I have been trying to register vat using http://mahavat.gov.in/Mahavat/index.jsp site after a point we have to choose between Vat regular and vat vrs where vat regular require deposit and vat vrs does not

Can somebody explain difference between those two



Anonymous
29 January 2016 at 14:36

Mvat on plant & machinery

A company ( manufacturer of steel ) wants to sell one of its plant & Machinery. Is it liable to collect & Pay MVAT on sale of Plant & Machinery ? Whether MVAT is applicable on sale of any assets like Plant & Machinery or Furniture etc ??


Anjana Hareendran
29 January 2016 at 13:11

(its urgent plzzz reply) mvat

Even if one doesn't have VAT liability is it nacessary to show in returns their OMS purchases etc plz reply at the earliest with clarification reason



Anonymous
27 January 2016 at 13:06

Work contract tax

Please Briefly explain Work Contract tax


santhana krishnan
27 January 2016 at 10:37

Scaffolding vat

sir, which tax liable to scaffolding rent business .how many percentage vat how to treat the case. my client gave to the bill amount some amount including labour charge how to file vat Please explain.



Anonymous
26 January 2016 at 11:50

I have not filed the vat

Hi,
i have not files the vat returns since november. i just got the tin no and not started the business. i have got a notice regarding that not files the vat returns. currently i am not running the business. so what should i do now? for zero buying and selling.
Thanks


bhavesh agrawal
25 January 2016 at 14:26

Vat input credit

CAN CST ( C'FORM ISSUED) PAYABLE BE SET OFF WITH VAT INPUT CREDIT


Nidhi Verma
24 January 2016 at 18:25

High sea sales/high sea purchase

Dear experts,

Please guide whether following purchase and sales would be categorized as High Sea under DVAT:

Goods purchased from a Company in Dubai. These goods are to be sold to a buyer in Singapore under a pre-existing contract. The goods will be transferred/shipped directly by Dubai Company to Singapore company. ie Goods will not cross custom frontiers of India.

Now, in the above case, in order to complete the transaction, if Dubai Company shipped the goods under discussion to Singapore company from India instead of Dubai, Will it be termed as High Sea Sales and High Sea Purchase for us?

Thanks in advance


Noufal.P
22 January 2016 at 16:02

Vat on free goods

sir,
we issue free goods (as not samples), as MRP printed medicine to wholesale dealers. is this liable to VAT, or exempt from VAT?

I think the transfer without consideration is not liable for tax??


Vijayalakshmi.P
21 January 2016 at 15:17

Vat applicable to commission agent

One of my friend going to take one company biscuit agency and beverages agency. He going to do only distribution to wholesaler not sale. So he get commission only from the company. Whether he is required to get registration under VAT Act and liable to file form monthly. If yes which form is required to file? ( he want sales tax registration to get license for dealing food and beverage items). Urgent please reply





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