we compute sales tax through Tally,
computation is done only when sales voucher type is in 'Sale' 'and 'purchase'

but problem is when we purchase capital goods it cannot be booked in purhase

we pass JV debiting nature of asset and crediting the party but doing this way input tax on capital goods will not be reflected in computation of tax

how to go about pl guide

thanks

regards

nagendra.s

please clear me Vat tax lible in job work done, we have given only fabric to Job worker and he used his material like thread,button,hook,pocketing,zip etc. so my question is that how many percentage of Vat he will add on their Job labour bill and what to do in my end(we are manufacture-Registered)

Dear all,

pl guide me whether there is entry tax rule in Andhra state

if yes, at what rate i should pay the entry tax on purchase of Earth moving machines.

thanks
nagendra.s

Dealer is registered for past years under Delhi VAT Act and got registration for CST Act in June 2007.
Dealer purchased good from Haryana CST charged @3 % in the bil provided C form has been issued by dealer to creditor with in stipulated time.Dealer not able to do so. Now creditor charged CST extra @ 1% i.e. 3 % paid earlier now 1 % in addition .

This 1% CST paid allowed as deduction U/s 28 to 43D to the dealer while calculating PGBP for AY 2008-09.If allowed under which section and if not then why??

What is meant by CANVAT? What is the basic difference between VAT & CENVAT?

What are the consequences of not filing of VAT returns within time limit? Can return be filed without paying VAT liability?

my company is situated in HYDERABAD, we sold goods to Hyderabad dealer but the same dealer office situated in Delhi so we sent goods to other state but billing the name of Hyderabad dealer now vat is applicable or cst plz suggest me

I am working ina a floriculture industry our co., VAT registration is done in Tamilnadu, but purchase of fertilizer are made from bangalore they charge 4% tax which we cannot claim. So how to file the monthly vat retuns

What is the Rule of "Vat Exempted Vide Schedule A, Serial No. 45 "

Suppose A purchase material from X party of Rs, 20,000 Vat Rate Nil under above rule .

Than

If Mr. A is sale the above material @ Rs. 22000 than what amount Mr. A will charge VAT in his Sales Invoice . or wheather he is also charge Nil Vate Rate .

In the case of central works contract is taxable in the State where agreement is executed/contract is executed. In which section of the Central Sales Tax it is cleary mentioned that Works contract is taxble in the state where agreement is exectured?