One of my customers deducted tds under wct@5% on total value of works contract sale bill raised by me. please let me know how to use this amount as input credit and how to create adjustment entry for it because i have to take it as input credit from VAT.
please help me.

Dear all,

if I purchase A product on rs. 100
and sold it at rs. 90 , by given trade Discount.
then My input vat is more than Output vat,

In this matter Sales Tax Dept of West Bengal ask us to give the balance output vat including profit margin ?

what rate of vat is applicable to a proprietory concern in rajasthan dealing in manufacturing and trading of iron bars and rods??

how to calculate Vat amount
1) 500000 is bill amount and in have include vat and now i am how to remove vat amount and vat percentage is 14.5%

Our management use to deduct two type of TDS one is TDS on Contract and other is TDS on Work Contract, both are deducted @ 2%. I want to know what is the difference between the TDS on Contract and TDS on Work Contract. Please Reply.

Dear Sir,

I registered in Delhi. The buyer of my goods is registered in Delhi but consignee is from Haryana.
So in that case what rate should i charged i.e. VAT or CST ????

(VAT charged according to Buyer or Consignee ??? )

Dear experts,
I am delhi based contractor and i have executed contract in haryana, however i am registered in delhi vat, plz let me know which state vat do i need to charge in invoice and in which state it is to be deposit.

Regard
Sumit goyal

we are mfg. of plane or printed label. we are purchase raw material paper roll form which made plane/printed paper label and another raw material purchase of polyester paper roll form which made polyester label in Gujarat state my query which vat rate are applicable both type sales of label in Gujarat ?(both paper Label or Polyester paper label)

N.T. for Referance raw Polyester roll form Excise Tariff head 39199090) (we have sale under Excise Tariff Head 48 as a label form).

should contractor under composition scheme. (vat@ 0.60 ) is not entitled to OGS sale or Purchase. but they want to take Work Contract of MP due to good opportunity in this case what Vat Act will effect to lumsum delear under 14A and What Is The Rate Of Percentage Is Applicable and how to accouting

Request all to kindly help, We are unregistered in KVat and now we are purchasing goods from Maharashtra. For Any goods entry in Karnataka it required E Sugam Form. but as we are not registered we can not issue a E Sugam form. Kindly suggest how to purchase from outside state, if purchaser is unregistered
Thanks