ABC CO. LTD. TRANSFERS HIS GOODS FROM DELHI TO TAMIL NADU AGAINST FORM - F AND SELLS ALL ITS SALE TO GOVERNMENT AGAINST ITS PRE-EXISTING PURCHASE ORDER. IS THIS TRANSACTION CORRECT.

CAN DVATO LEVIED CST AS CONSIDERING STOCK TRANSFER TO PREDETERMINED SALE.

Dear Sir,

Could you please guide me whether Builder (Contruction & developement) should pay VAT and Service Tax. If yes please tell me Rate of Tax with section number?


Regards,
Dipak

I am heading accounts in an engineering company at kolkata, WB which mainly deals with turnkey projects of steel companies. We are registered vendor for CST & VAT in WB only. I am facing a problem in VAT-CST issue in my company which has described below:-

Suppose, the company name is ABC LTD which took a contract from TATA, Jamshedpur for Rs 100 Cr (including CST) to built a furnace. We got a billing schedule detailing lots of items totaling Rs 100 Cr. We do purchase by exempted 6(2) sales (Sale-in-transit under CST Act).
Our purchase methodology: (1) Issue PO's to vendor, (2) Give instruction to supply the material to TATA (client) by putting "A/C ABC LTD" on his invoice. (3) Vendor directly sent material to TATA with original excise - transporter's copy with LR. (4) Vendor send me invoice with original excise - buyer copy & LR photocopy. (5) We pay to the vendor.
Our billing methodology: (1) We bill to TATA (client) with vendor's buyer copy and photocopy of LR as per our billing schedule item.

** If we purchase material from outside of WB & Jharkhand then it will be OK. I will give C form to vendor and Vendor will issue E1 form to me.

** If we purchase material from WB then vendor will charge VAT to me (intra state transaction) which will be my cost because I can’t bill to TATA at Jharkhand by putting VAT (inter state transaction). So it is also OK to me.

** My question:- If we purchase material from Jharkhand and vendor send the material to TATA at Jharkhand as per my delivery instruction then what will be the implication of VAT? Do I need to charge VAT on my sales bill to TATA as the material is going from Jharkhand to Jharkhand (intra state)?

^^ My logic: I agree that the vendor will charge VAT at Jharkhand in his invoice as it is local purchase to me at Jharkhand. But I am sending my sales invoice to TATA from WB to Jharkhand so it is not VAT transaction but CST transaction. Hence I can’t charge VAT on my sales bill to TATA.
Further reading, there is an item "X" in my billing schedule which comprising 5 different material. Here if I purchase 3 materials from outside of WB & Jharkhand and 2 materials from Jharkhand then it is not possible for me to bill TATA giving segregated value of "X" item. Moreover, I am not a CST / VAT registered dealer in Jharkhand then how I can adjust VAT input & output in Jharkhand.

Please help me to resolve the issue.

Thanks in advance.

Surajit Kashyapi

Dear Sir,

We have been procuring material and claim the Input Vat credit. and the same material has been supplied to Various subcontractors with free of cost and raise the invoice with out tax.
1. for supply of material to Sub contractor is attract the VAT or not?
2. If such material has been supplied to sub contractor with concessional rate, is attract the VAT on materil?

Kindly clarify and specity provision of
APVAT.

Dear Sirs,

Your valuable opinion is sought for the following:-

M/S.A is in Chennai, M/s.B is in Chennai and M/s.C is in Pondicherry. The goods is lying in Pondicherry.M/s.A purchases from M/s.B,M/s.A despatches the good directly from Pondicherry to M/s.C . The query is whether this transaction is allowed and how should the billing be done for the above. Your valuable insights will be highly appreciated.

If I charge service tax on services i provide.i purhased a capital good on which i paid VAT.
i think i can VAT claim 50% now & balancein later F.Y.
bt if i dnt claim set off and i want refund of VAT amt by filing VAT return, is it possible to do d same?
I even hav d VAT regn no.
Plz tell me all possibilities.

Please calrify this problems of transaction.....,
'A' he is in Bangalore he purchase goods from 'B' who is in maharastra.'A' told to 'B' to send the goods to 'C' who is in maharastra . in this case goods transfered within the state. how 'B' will rise the invoice to 'A' and how 'A' will rise the invoice to 'C' it means whether CST will charge or VAT will charge. if 'B' will rise the Vat invoice,is it correct? and Can 'A' get the credit of input tax and how 'A' rise the invoice to 'C' and what are the sales tax Forms applicable here,please give the solution for this transaction .

Plese clarify this transaction.

Advance thanks to you.

Hello!
Can u tell me that whether Work Contract Tax will be deducted inclusive of Service tax or exclusive of service tax?

I require a model invoice for High sea sale transactions

I Want know VAT Refund Process.