I AM PRODUCING WOODEN MATCH SPLINTS IN KERALA AND SELL THEM OUTSIDE KERALA . TOTAL SALES ARE IN CST ONLY NO SALES WITHIN KERALA. I HAVE OBTAINTED "C" FORM FROM MY BUYER'S AND PRODUCED BEFORE CONCERN OFFICER IN TIME. MY DESPATCHES ARE DONE BY LOCAL LORRY NOT A REPUTED TRANSPORTER, HENCE WE HAVE ONLY LORRY NUMBER NOT THE LORRY RECIPT. OUR OFFICER SAYS WITH OUT PRINTED LORRY RECIPT HE WILL NOT ACCEPT THE "C" FORM . I HAVE TO REMIT FULL TAX. MY TURN OVERFOR FOR A YEAR IS MORE THAN ONE CRORE. KINDLY HELP ME TO SOLVE THIS PROBLEM

HI

I AM NARENDER

PURSUING IPCC

IS THERE IS ANY CHANGES IN VAT IN JANUARY 2010

IF YES PLS SEND ME THE WHOLE ARTICAL

OR TELL ME SOMTHING ABOUT THAT


AS I HEARD THAT SOME GOODS ARE NOE CHARGABLE TO VAT @ 5 %

Hi,

In case Assesses paid VAT tax under composition scheme, Is he eligible to claim deduction under income tax act for computation of taxable income?

A U.S. based company giving order for one product to manufactured in India (indian Business house) Indian Company is taking order also demand for Dies & tools. U.S. Based company told Indian company to make dies & tools at your end ( it means in india ) & do the supply of the product.
Indian Company developed the dies & Tools & start supplying the product.

In above case wheather Vat implecation will came while making the Dies Bills to U.S. Based Company?

How the transaction will be completed of Dies & Tools ?


Regards

Ketan

Hello,



The client is engaged in wholesale trade of steel for which he purchase pick up,on which he paid MVAT @ 12.5%.



Can he is eligible for getting set off ?




In Rule 53 & 54 where it's given ?




Email ID:- pdenish54@rediffmail.com....

DEAR FRIENDS,
PL. GUIDE ME IN THIS MATTER
VAT SET-OFF OF MARCH-08 CARRIED FORWARD TO NEXT YEAR IS NOT ALLOWED? UNDER WHICH TRADE CIRCULAR IT HAS BEEN NOTIFIED ?

PLEASE REPLY, ITS URGENT
pritu_chandiwal@rediffmail.com

We sells items @12.5% vat. we have made sale on 29.09.09.We filed return of that quarter also on 25.10.09.On 1.11.09 party returned that quantity, which we had sold them.Now what should I do? Shall I enter a cr. note in books with reversal of vat also? If yes, shall I revise the sale tax return of that quarter or there is any other treatment for that?Please breifly explain the concept of sale return?

Is the new tax (VAT)@5% are applicable while the billing from delhi to other state (CST Billing). Please confirm?

Dear Fellows,

Suppose a Comapny A has purchased inputs as follows

-Inter state- Rs 1000
-Within State-Rs 1200 ( Vat Rate-4%)

So total input credit is Rs 48

Its sale is as follows

-Intra state sale-Rs 800
-Stock Transfer to other state against F Form- Rs 700

Vat Act say that a prop. reversal of credit is to be made.

can u plz tell me how much credit would be disallowed in this particular case


Reagrds
Nitin Garg

CAN ANY ONE SOLVE BELOW QUERY :

IF A COMAPNY SITUATED IN ANDHRA PRADESH MAKING SALES UNDER WCT TO AN SEZ UNIT SITUATED IN ANDDHRA PRADESH. IN THIS CASE WHETHER WCT IS EXEMPT OR COMPANY LIABLE FOR WCT-VAT .

REGARDS

MANISH PANDEY