we have paid vat for the month of April 2009 on 02.06.2009 which was due on 21.05.2009. We have paid interest @ 1.25% p.m. for 12 days.

As per the opinion of our cosultnat we have to pay interest for 2 month i.e for May & June.

As per the opnion of our auditor we have to pay interest for one month

Pl inform who is correct

Regards
Arvind

Dear Sirs,
Pls tell me what kind of Precautions we have to take for Graphic & Printing (Printing Press) Business in GVAT ?
Pls tell why in GVAT 4% is on Grahpics & Printing Business ?
Are they can collect 4% VAT from Retail Invoice or not in GVAT ?
Most important :-
If they can take Lumpsum Payment option or they must have to take Regular VAT System bcs of this business called as Manufacturing Unit ?

Pls Help me sir urgently

Thanks for your reply in advance

I WANT TO FILE REVISED VAT RETURN ONLINE FOR THE YEAR 2008-09, CAN I FILED? WHAT IS THE LAST DATE OF REVISED VAT RETURN FILING?
THANK YOU

We trade in computer hardware & spare parts.
Kindly tell the rate of tax which can be charged for computer hardware @ spare parts??
4% or 12.5% ??

respected sir,


i want to know whether as per guidance note of ICAI, CST on sales should be shown including or exculding in profit & loss accounts.

As it is cleared that VAT should be shown excluding in profit & loss account but i am doubt about CST.

respected sir,


i want to know whether as per guidance note of ICAI, CST on sales should be shown including or exculding in profit & loss accounts.

As it is cleared that VAT should be shown excluding in profit & loss account but i am doubt about CST.

Hello,

We are a manufacturing company located in hyderabad and registered with VAT. We want to open a branch at tamil nadu and karnataka states and want to do follow the following business model:

1) Sending material on 'F' form to Karnataka/tamilnadu.

2) The material will be despatched from our warehouse in karnataka/tamilnadu to a jobworker premises for making job work by using our product as per requirement of our customer.

3) The jobworker after completing the work, will despatch the final product to our customer with billing address to our branch in tamilnadu/karnataka.

We want to know what is the procedure for the above i.e. what forms we have to follow and how we have to make billing to our customer from our branch office.

An early reply will be highly obliged.

Thanks & Regards
Vijay

I am working in a Manufacturing Company.

We purchase interstate material against C form & pay CST on Purchase, Also we purchase Plant & Machinery & their parts(Capital Goods) & pay CST.

We maximum sale interstate against C form..

Can we take credit of CST on purchase of material or Capital Goods. Is it admissable in CST Payable

Pls sirs,
For GVAT Registration Number, How much Fees we have to give the Department?
& Which form we have to filled for VAT no. ?
withthis,which Documents we have to collect for Registration of VAT ?
and most Imporatant How to filled that Form ?
Can anybody help & Guide me detail wise?
if your reply is in format ? pls send me on my emial ID murtaza_bhagat786@rediffmail.com

Pls sirs thanks a lot for help me in advance
take care

Dear Sirs
Pls tell me if any Party who is under GVAT Registration,Do they have to show Tax Purchase details while filling monthly VAT Return or not ?
and also guide me can they give Retail invoice with VAT & Add. VAT Collection. i.e will they can collect VAT through Retail invoice ?