Hello,

I would like to know the applicablility of the VAT act to a company ( 100% export oriented unit ) doing BPO service.

My question is :
1. Will VAT be applicable to a 100% Export Oriented Unit doing BPO busines?

2. will VAT be applicable to the above unit if - (A)it carries out software development and sale.
(B) it carries out purely service only


I request and early reply on the above

I just want to know can Revised MVAT Audit Report be filed if original report was based on returns that were defective or not properly filed and advise given in the audit report based on that returns too was wrong due to non-availability of all records made available by the dealer in time. Can such Revised Audit Report be filed by another auditor if previous auditor who conducted the audit does not consent the same and too does not provide access to the original report filed with the Department.

I'm very much confused about mvat rate schedule. I came to know that rate schedule has been changed??? Plz anyone can provide me rate of MVAT & whatever changes done in it??? Plzzzzzzzz help me........

I'm very much confused about mvat rate schedule. I came to know that rate schedule has been changed??? Plz anyone can provide me rate of MVAT & whatever changes done in it??? Plzzzzzzzz help me........

What is the Procedure of Registration for VAT TAX

there in this case stock is transfer to brach in other state on form f and there we debit the party and credit the sales now the stock return after two month from branch on form f so what will be the accounting entry?

please reply as early as possible.
thanks

Hello,
One of my clients have two businesses:
1) Civil Contractor
2) Letting JCB Machines on hire.
He is registered under MVAT Act for his Civil Construction Business.
As far as JCB Freight receipts are concerned what is the VAT Liability? Is there any set off available?
Is there any Service Tax Implication also.
Thanks

PurVal TaxCategory TaxRt-- CalOn--- Tax---- total
100---- ITC---------- 12.50-- 100.00-- 12.50-- 112.50
100---- Excise------- 16.00-- 100.00-- 16.00-- 116.00
100---- Edu. Cess-- 03.00-- 016.00-- 00.48-- 116.48
100---- transport--- 02.50-- 116.48-- 02.91-- 119.39
100---- Value Add-- 20.00-- 119.39-- 23.90-- 143.27
100---- VAT---------- 12.50-- 143.27-- 17.90-- 161.18

vat to Pay= VAT Tax - ITC Tax
= 17.91-12.5
= 5.41

please tell me, vat calculation is correct or not.

also tell me,
which type of taxes included in VAT?
or
VAT is applied after Excise, transport, value added etc.

While making purchases we receive VAT invoices. whether we can take credit of the VAT paid on purchase if the invoice does not idicate anything regarding " TAX INVOICE " or "RETAIL INVOICE".?

Thanks
Dipak Rajpara

We are mfrs of bulk drugs in Andhra Pradesh and doing job work to others.Receiving the raw material from the party and converting into intermediates/semi-finished goods.

During the period 2004-05 the sales tax assessing officer passed order considering the job work/processing charges from P&L as unclassified goods @ 12%. is it correct and can i get revised order and tell me procudure.