Dear Members,
I have purchased Goods which includes VAT @14.5% on a Tax Invoice.
Question 1. Can I sell these goods to a business in another state by Tax Invoice by paying CST @2%?
Question 2. What's the process of Interstate Sales by Tax Invoice @2% CST?
Question 3. Can the Balance VAT of 12.5% from 14.5% paid at the time of purchase of Goods be reimbursed?

we are manufacturers of curry powders registered with Kerala Value Added Tax rule.

We have selling curry powder to a local team,who has the exporting power.
they are exporting our products.
the expenses relating to the products are met by exporting company


what is the tax treatment under kerala vat?
Can we treat the sale as our export?

There is two options in sales,that is -
1. Export Sales
2. Sales in the course of export.

Sir,which we select?

One of my client is registered under works contract in MVAT and ST with 60% material and 40% service tax. i just want to know wheather he is under composition scheme or not.

If he is under composition scheme then how much set-off will be applicable to his for the purchase of materials.

Please revert back as soon as poosible.(on urgent basis).

thanku in advance.

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