A company is an EOU Unit. It is manufacturing goods on which VAT is payable.During the year the company purchased windmill and produced power on which vat was not payable.

Ques is whether in VAT Report we are require to mention the profit of POWER DIVISION as it is shown differently in AUdit Report as per IT.Or it is ok if just give the details of Mfg Division

Is it necessary to levied Tax on Sample invoice.If the tax has not charged on sample invoice,what effect would occured on financial.

sir against h-form, seller doesnt charge taxes on th bill to exporter.

but do the seller get tax excemption on billed products that he had purchased locally by paying vat n sell it to exporter

sir, we r in business of machinery, a exporter wants to purchase machinery from us to export s.africa sir in our bill how do i calculate tax.
he mention abut H-form. what is h-form n how does it work

Dear Sirs,
We are a company in chennai, taking up a project in Karnataka.
The approx value is about 100 Cr. which consists of 60Cr. equivalent in USD value and balance 40 Cr. in INR. This 40Cr INR is inclusive of Civil, Structural, Erection, etc...
My queries are:
1) What is the Works Contract Tax (WCT) %age as per Karnataka state.
2) Whether the WCT will be charged on full value of project or only on labour portion.
3) The USD portion will be imported and hence, will the duties be added in order to calculate the WCT.
4) Applicability of TDS on the value of project.

Request you to clarify.
Regards
S. Anand

We are the registered dealer in Mumbai. We have purchased a Legal Software from Gujrat. The Dealer has charged 5% CST Tax in bill. I want to know whether it is correct or Not? Please Explain

I have filed my Q2 2008 returns with VAT dept.

I have made purchases in Local and made export sales that known Central.

My question is -:

When I make purchase of local - My input tax increases.

And when I make Export sale (Central) I have valid for the claim on the output ?


Also, when I buy goods from the local market with description as "Hamam Soap" and when I export I mention "Soaps".

Will this affect my refunds ?

We are based in Maharashtra

I like to know what is the VAT and CST structure for the follwoing case

1- I buy a software, and sell it in Maharashta

2- I buy a software, and sell it out side Maharashta against form C

3 -I buy a software, and sell it out side Maharashta without form C.

Thanks
Brijesh

Which assessees are liable for VAT Audit?

Dear Sir,
In case of Karnataka VAT, I wanted to know whether we have to deposit 50% of the VAT immediately if we want to go for an appeal in case of exparte done by the department. Is there any thing in the KVAT Act that the assessee can go for an appeal in case of exparte, without depositing the amount. Was there such a provision earlier in case of Karnataka Sales Tax Act? Please Reply. Thanks.