Dear Sir,

Pls tell me how the VAT input and output adjustment made. What is the ratio in which it taken for sales and in stock

thax in advance

Dear Sir,

Pls tell me how the VAT input and output adjustment made. What is the ratio in which it taken for sales and in stock

thax in advance

Dear all,

one of my client is registered under MVAT and having the business of supplying surrvey instruments & civil engineering material, recently he has supplied survey instruments to Maharashtra State Govertnment(PWD)and has rasied the bill with vat @ 12.50% the office while paying him has deducted VAT @ 4%, TDS @ 5.25%, service Tax @ 12.36% and has paid the bill,

i.e. suppose the bill amount is Rs 1,000/- they have deducted Rs 40 as vat, Rs 52.50 as tds, & 123.60 as service tax.

now my query is under which section they have deducted this tax? can they deducted it? can we claim the VAT amount while filling the half yearly VAT return & under which section ?

yes we can claim the TDS amount while filling the ITR, and he is not registered under service tax so that amount cannot be claimed.


Please Guide me
hoping for a positve response form all


Thanks

Atul N.S.

an individual is an exporter of fancy items.it is registered under Delhi VAT/CST Act
it has following export sales transaction
A. bill no. 1 for $5000 dtd. 15/6/08 payment recd. Rs. 222313 on 8/9/08
B bill no. 2 for $ 3100 dtd. 2/7/08 payment recd. Rs. 143310 on 20/9/08
C. bill no. 3 for $ 4200 dtd. 20/7/08 payment recd. Rs 184300 on 1/10/08
D. bill no. 4 for $ 3950 dtd. 10/8/08 payment not recd. Till 3/10/08 the date of filing Sales tax return
what will be the correct export sales for Delhi VAT/CST Return. Kindly explain the basis of calculation also

Dear Sir,

What is the % of disallowance on office equipement & furniture . I think It is 4% & remaining is allowable for Set off.
is it right?

One of my client is changing the constitution from prop to partnership

He is already a RD.

Suppose he enters into partnership on Day 1, When should he intimate Sales Tax Office, What are the procedures at Sales Tax Office.
Can Firm take voluntary Registration ?
OR Firm will be liable from Day 1 ?

Will firm have to pay Registration fees of Rs.5000 & Deposit of Rs.25000

URGENT
Regards
Rakesh Jain

Mr. A is mfg some goods in maharashtra and installation is done in Kerala state. The activity is such that specific goods are made as per purcahse orders in maharashtra and then transferred to the kerala state as CST sale(Taxed @12.5%). Instalation is done in the other state and charged seperately.

However customers in kerala states deduct WCT TDS and the dealer cannot claim that because he does not have registration in kerala.

Whether paying tax in maharashtra is correct as per above facts?

The party is executing contracts in various state following same practice as expalined abpve and every state is deducting WCT TDS which is a loss for the party.

Please guide on the same issue.

i am selling a product which is under 12.5% Category of VAT Class now i am going to sell it in the other state what % of CST i should charge. on the above said product. some body telling me that i can charge 4% if the buyer is a REGISTERED DEALER.

Is CST way bill is required in bringing some materials from any other states to my home state Andhrapradesh.

If yes then kindly tell me the exact rules/act/circulars if any.

Hi,

Please tell me the implication of entry tax in uttar pradesh. It is levied on the goods enter uttar pradesh or even within U.P.

Is it levied after VAT/CST or before?

Do any body has any write-up on this.