Dear Experts,

Our company is registerd in DVAT ACT-2004. We have raised the invoice to our outsider client & charged the CST @ 12.5%. This invoice is wrongly credited in sales A/c by twice bar and deposit the excess CST against this. Please tele me, what is the treatment in the return, whether carried forward the same or nor.

Can anybody give me an idea as to whether Vat credit can also be utilized for payment of CST ? Pls mention some relevant section too, if available.
Thanks

Supppose i sent some goods to other state as a Branch Transfer against Form-F. Let the Qty 100 Nos. Rate 10/- per unit.

Total value of Branch Transfer will be Rs.1000.00

Through the Branch, on that Stock Transfer Qty 50 Nos. has been sold at rate 10/- per unit and remaining Qty of 50 Nos. have been sold at Rs.15/- (Rs.5/- price increase).

Now let me know, the Form-F to be collected for Rs.1000/- which is intial sale value of Stock or for Rs.1250/- for including price increase.

Is there any case law above such transactions.

we are distributor firm.we are filling monthly vat returns. we have missed one vat purchase bill in august month. we have already submitted quaterly returns without that bill.Can we add that bill in october monthly return.

we are distributor firm.we have submitted our balance sheet for 2008-09.Due to some wrong entry by accountant,our sales were shown 1 lakh extra
in balance sheet.now,we have to file vat-20 form.according to returns our sale is 2000000.but according to balance sheet our sales is 1 lakh extra i.e.2100000. now what can we do as there is difference in sales according to return and balance sheet.we do not want to show differnce in vat-20 form.The sales in balance sheet are wrong.Can we revise balance sheet

please tell me the cases of setoff of cst sale with cst purchase & setoff of cst against vat or vice versa

Dear Experts of Gujarat VAT
Pls Help me to fill the Details bcs I am facing Problem with Filling of Form 202

My details are :-
I am a Reseller of Cement
My July'09 to Sept'09 Details
Purchase :- 246068/- + 12.50% 30756 + 2.50% 6149 = 282973/- Ok + Excess Input Credit Brought Forward 17944/- Total Input Goes to Rs.54849/-
Sales :- By Retails Invoice only
Rs. 228950/- + 12.50% 28619/- + 2.50% 5724/- = 263293/-
Total Input VAT = 54849/-
Less :- Output VAT = 34343/-
Input credit Avaiable = 20506/-
This is my details pls help to fill the Form 202

Waiting for your early response

Thanks in advance

please let me know the cst rates

Can a dealer who has been following composition scheme at the beginning of the year opt out of composition scheme during middle of that year if so please specify the procedure. and wether it is mandatory for a dealer to follow composition scheme during the life of the business once opted.

Hi

I will be grateful who will give me the correct suggestion on my doubt-

I, Prashant D Mane, Newly Joined a Pvt. Ltd. Company. Company is a manufacturer of Machineries used in News Paper Industry. As the Machineries being used in a news paper industry, the co. charges MVAT @ 4% on its sale. The co. justify that it is a capital expenditure for any Newspaper Industry therefore the machineries falls under "Capital Good" Schedule entry.

Is it right or wrong ?

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