I had purchase a car in 2004, now in 2009 i have to sell it. Is there any vat applicable on it? if yes then how?

Dear Sir

Happy new Year to all.

Please say me what is C form.It importance for Seller & Buyer.It importance in Taxation.Please Gide Me.Please say me how to account C form Entry in Tally.If material Sold to Delhi Party.He says we will issue C form.Please Guide.

Sir i want to know the accounting treatment of vat paid on purchase of an asset, shall it be bifurcated like we does in case of general purchase of goods or shall it be treated in any other way?

Hi there. I have some query in relation to abatement under VAT.

What is the relevant section for abatement under VAT? How is the percentage of abatement determined? Is such dealer eligible for setoff on input services and goods?

I was charged 12.5 % VAT (Tax) on the purchase of pantry material (i.e. Tea Powder, disposable cups etc) whether VAT credit is available to me ?

Sir / Madam my client is devveloper of land & constrct buildings. My question is whether he is liable to take VAT Tin No. & He has deucted TDS on Works contract, how he can pay it to government tresury withought TIN no in maharashtra

my client has filed vat returns regularly
but now we go to know that due to soft ware error all the sales figure from ap 09 were showing different figures. now when the soft ware are corrected figures are changed now what we have to do ? we cant recvise reture not more than 6 months?

If a company is directly selling interstate. they only have to pay CST and no VAT. CST being only 2%

But in case of stock transfer they avoid CST but pay State VAT at around 12.5% for which they cannot get credit as it is paid in different state than the input state.

So why is it beneficial for companies to open depots in each state.

Dear all ,

Pls let know sir , if vat applicable for hospitals or nursing home , pls help me sir,

regards

Akash

can we deposit the central tax in dvat a/c? and the dvat excess carried in cst liabilities?

thanks