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.

ice cream & cake is covered under food stuff please give me in details with entry & section wise or any case reference under vat thanking you

Dear Sir,

Please guide me for the undermentioned Billing procedure -

- Client Factory at Gujarat prepares Excise Bills Mentioning the Name of Buyer in Rajasthan and consignee in W.Bengal. Basically Rajathan based party is leader to whom contract is given and he wants to route all bills through him.

* In this transaction what should be mentioned on the LR to show it as LR Sale, so that Buyer in Rajasthan can prepare his commercial Bill to party in W.Bengal
* I understand that Gujarat based party will get C Form from Rajasthan based party after giving him E1 Form and in turn Rajasthan based party will get C form from W. Bengal on issue of E1 Form.

- If Gujarat based factory instructs some vendor Factory from Maharashtra to despatch Excisable Material to W.Bengal stating Buyer as Gujarat based party A/c Rajasthan Based party and in consignee the name of W.Bengal party. Again Rajathan based party is leader to whom contract is given and he wants to route all bills through him.

* In this transaction what should be mentioned on the LR to show it as LR Sale, so that Buyer in Rajasthan can prepare his commercial Bill to party in W.Bengal
* In this Maharashtra based party will give E1 Form to Gujarat and get C form, Gujarat based party will get C Form from Rajasthan based party after giving him E1 Form and in turn Rajasthan based party will get C form from W. Bengal on issue of E1 Form.


* Are there any restrictions in the sales tax law on such kind of Sale, which will involve levy of CST again if on the LR or when final place is predetermined. And when it involves more than 3 parties.


* Our main focus is that Ultimate buyer in W. Bengal should get Cenvat Credit.
* CST should be payable once only when 4 or more parties are involved.

Please guide.

Regards,

M. Kumar

Dear Sir

As per Following Example

Basic Value 100
Excise duty 16
Total 116

then any VAT is applied on the total value.
please illustrate by an example.
my mail id is yadav_alok@rediffmail.com
thank you.

We are mfrs of bulk drugs 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.

we are bulk mfrs. and selling our products @4% in APVAT.
Wat is the rate of tax in CST sales to register dealer with out C'form and as well as unregister dealer under which section.. Please

we are mfrs of bulk drugs and we are doing job work for others as well as we taking job work from otehrs..what are the compliances in VAT and Service tax..?