I have paid customs on Import of goods I want to know can I get the VAT refund or can I adjust the VAT in excise paid.What is the procedure.

Thanks
Sarfaraz.

If an individual has filling its sales tax return quarterly instead of halfyearly. But now he comes to know .
What are the remedies available to him for this guilty without any inconvenience.?

Dear Sir,

We have purchased material in Hyderabad and sending to varanasi(UP) through 3vehicle purchased from one supplier. Can i give one road permit to all these 3vehicles?or i have to give road permit to every vehicle separately.

Thanking You.

A Pvt Ltd. which is registered under MVAT for its manufacturing facility in Maharashtra, set up another manufacturing facility in other State.

Is it required to include the new manufacturing facility in another
state as an additional place of
business under MVAT registration to the
Rerturn Branch ?

It is proposed to introduce GST in 2010.
My question is
1 Will it impact the import into India,if so how?
2 How will GST affect the exports which are presently exempt from all types of taxes/duties ie excise,sales tax etc.
3 Is it confirmed that GST will definitely be implemented by 2010.
Thanks
J Kumar

Dear All on Purchase of Capital Assets under Maharashtra VAT. What is the ratio or Rate for which we can take set off in VAT and What is the Ratio or Rate which we have to Capitalized for All types of Assets like Plant and Machinery, Computer, Software Etc. Can We Take Hall VAT Amount as Set off on Purchase of Capital Assets Pls Help Me, Thanks in Advance

Is a workscontractor having EPC contract for the construction of PowerPlant a manufacturer?
Do a workscontractor purchase goods as industrial input at concellational rate?

Our company purchased some Fire safety equipments which to be installed in factory.

Can we take VAT credit of the same?

Can any body tell me about Form E-1 with regard to VAT? Purpose of the from and who is liable to pay VAT against E-Form. Thnaks in advance

I recently bought a independent house. The total cost of the project is 50Lacs, and the breakup is as follows:

Plot Value=9,33,000

Cost of construction=40,67,000 (Gross Value)

The builder is charging me Service Tax @ 4.12% on (40,67,000)=1,67,560/- (Compounded Rate). Why cant he charge at Normal Rate i.e. @ 12.36% on (33%*4067000)=12.36%(1342110)=1,65,884/-. The difference between Normal Rate and Compounded Rate being 1,676/-. Not that its a huge amount, but for my clarification. Would someone shed some light on this ?

Coming to the Main point, the builder is charging me VAT on (GrossValue+ST) as follows:

4%(4067000+167560)=4%(4234560)=1,69,382/-

Is the above calculation correct??? I was under the impression that VAT @ 4% is calculated on Gross Value only, but the builder is including the ST component in this calculation.

So which calculation is right? VAT@4%(GrossValue) or VAT@4%(GrossValue+ST)?

The difference between 4%(GrossValue) and 4%(Grossvalue+ST) is working out to Rs.6702/-. Hence I need the clarification. So can anyone enlighten me on this issue??

Thanks.