A company is expanding its unit and purchasing Cement & other materials on which it is Paying VAT to seller. Can this VAT amt be claimed as Input Credit or there are some restrictions?

i want to know that if a party is purchased land and constructed flat on these through a contractor and after that sold the flat to individuals. will there be any vat and service tax liability.
what will the case if he himself constructed the flat .

We are paying Rs. 24 Lacs Per annum against bill for machinery hire charges & we are deducting TDS u/s 94(I) @ 10.3%.

I would like to know whether KVAT is applicable AND CAN WE CLAIM INPUT VAT CREDIT.

Dear Experts,

presently i am registered in vat,karnataka and also my sister concern registered in COT.

Please any one tell the last date for filling the vat annual return in both the situation.

Sir,

I am dealer in Maharashtra. I received order from a dealer from Maharashtra. But he told to despatch the material out of maharashtra.

In this case i should charge local vat or cst

pls advice

sudheer

Hi

Please let me know what is the due dates for filling of "C" forms to the department.

Cheers,

Lokesh.A.S

One of the activity (demerger) of business is demereged into another business including manufacturing units / other assets. Whether VAt is payable upon execution of this transaction on the trading stocks in Maharashtra

Is there tax on stock transfer to another state

Dear All,
Good Day

We are Delhi based Company and having factory at Gurgaon(Haryana).

We are purchasing Raw Material from Delhi Vat Dealers at @4% Vat and the same raw maerial is transferrd to our gurgoan factory for manufacturing puporse.

Can we take 100% benefit of Input tax or some restricted amount.

Please describe in detail the procedure.

Thanks
b'regards
Saran

I would like to put forward my query to the experts here...

Before that a little breif about the nature of work.

We are Iron & Steel Forging firm, where basically Iron Ingots (purchased & provided by the principals) are hammered and given the desired shape on job work/conversion. Here it is to be remembered that we are not adding any material to the product, we are just processing it. And forging is one of the processes in the manufacture of the final output.

My query is whether we are liable or get covered under VAT Act?

Thanks in anticipation for the replies!