Hi i have basic level of Maharashtra VAt knowledge but i want some book which can provide me detail knowlegde.Ca u suggest me some books in easy language which can explain the VAt concept from registration to the end.

1. We are manufacturer of Ice-Cream with Brand Name “Cream-Bell”.
2. The Business Trade Mark is registered with “UNIVERSAL DAIRY PRODUCTS PVT. LTD.” (UDPPL);
3. UDPPL has a Factory at Agra (Uttar Pradesh) and registered office at Delhi.
4. We have another company namely DEVYANI FOOD INDUSTRIES PVT. LTD. (DFIPL);
5. DFIPL is also doing Ice Cream Business with Brand Name “Cream Bell”.
6. DFIPL has a Factory at Baddi (Himachal Pradesh), Sales Depot in Agra (UP) and registered office at Delhi.
7. We have shut down our Agra Factory of UDPPL;
8. Now our business is running from Baddi Factory;
9. We wish to Sell trade Mark from UDPPL to DFIPL on or before 31.3.07.

So, please give your opinion with example on the followings:

1. If we sale Trade Mark to DFIPL, will it attract Sales Tax / Vat?
2. Should we make sale from UP or Delhi?
3. In case Sales Tax / Vat is payable then UDPPL will like to sale Trade Mark in Delhi to DFIPL Delhi and DFIPL will set off vat input tax (paid on purchase of Trade Mark) with vat output tax against sale of ice cream in Delhi? Can we do this?

Thanks,
Anuj Garg

1. We are manufacturer of Ice-Cream with Brand Name “Cream-Bell”.
2. The Business Trade Mark is registered with “UNIVERSAL DAIRY PRODUCTS PVT. LTD.” (UDPPL);
3. UDPPL has a Factory at Agra (Uttar Pradesh) and registered office at Delhi.
4. We have another company namely DEVYANI FOOD INDUSTRIES PVT. LTD. (DFIPL);
5. DFIPL is also doing Ice Cream Business with Brand Name “Cream Bell”.
6. DFIPL has a Factory at Baddi (Himachal Pradesh), Sales Depot in Agra (UP) and registered office at Delhi.
7. We have shut down our Agra Factory of UDPPL;
8. Now our business is running from Baddi Factory;
9. We wish to Sell trade Mark from UDPPL to DFIPL on or before 31.3.07.

So, please give your opinion with example on the followings:

1. If we sale Trade Mark to DFIPL, will it attract Sales Tax / Vat?
2. Should we make sale from UP or Delhi?
3. In case Sales Tax / Vat is payable then UDPPL will like to sale Trade Mark in Delhi to DFIPL Delhi and DFIPL will set off vat input tax (paid on purchase of Trade Mark) with vat output tax against sale of ice cream in Delhi? Can we do this?

Thanks,
Anuj Garg

Suppose a firm lease out its machinery to another firm. Whether the lease rent paid attracts VAT or sales tax ? Please clarify.

i need a clarification on the applicabilty of VAT on resale of used business assets(like computers)for a software company.

Please also let me know the procedure for payment of VAT when i am not liable to get registered either as VAT dealer or TOT dealer.

We have imported material from china for which orders were placed from baroda office. we have registered offie in mumbai & branch office at baroda. On original bill of entry address is of our baroda office. Goods are received at mumbai port & stored at our mumbai factory. From these goods part of the goods are transfered to our baroda office for which we have received F form from baroda office. Purchases are recorded at our baroda office since bill of enrty is drawn on baroda office. Now my question is how I can show my purchase against sales at mumbai office? Can I have to issue F form to our baroda office?

What is the standard procedure that is to be followed for doing audit under K VAT, Whom we have to approach for doing the audit( either Sales tax department will allot the audit for CA Firm, or individuals below tax limit who approach only should be audited. please answer the quiery it is emergency

A trader started business on 01.10.2006. He got voluntarily regisatered on 15.11.2006 (by paying Rs.5,000). Till 15.11.2006 he made purchases worth Rs.3,00,000/-, but no sales.
Now, after getting registered, when he sales these goods purchased upto 15.11.2006, whether he will get set off on purchases ?

For the F.Y. 2005-2006, A dealer had excess credit available Rs.1,10,000/-. He carried forward it to F.Y. 2006-2007, instead of claiming refund.
Now for 01.10.2006 to 31.03.2007, whether he should file Six monthly return or monthly return ?