Dear Sir,

How to reduce cst itc 2 % exp. on vat.

suppose i sales in outstate 200000 so cst 2% is 4000/-

then we purchase from local 500000 so vat is 25000/-

we have credit vat already 500000. so how to calculate

cst itc reduce 2 % exp

Vat paid 100000/- and CST adjestment 200000/- and vat edjestment 50000/

How to entry passed

This question is faced and interview.

please clarify my problem .

A person is registered dealer in Maharashtra and if he imports some goods in any other state and sells in the same state (other than Maharashtra) & issues invoice from Maharashtra then how VAT treatment is to be given? whether CST applicable or not?

We have received C form from other state for the sales made by us to them.But the problem is that our TIN No/CST No. not shown in that C form (But our name is shown).whether this form can be submitted to our VAT authority?

SIR
ONE OF MY CLINT A CONTRACTOR HAVE PURCHASED MACHINERY WHICH IS MAIN FOR CONTRACTS FOR RS. 3000000.00 FROM INTERSTATE AND PAID CST @ 2%. WHEN HE WENT TO REGISTRATION RTO SAID IT IS NOT SUBJECT TO VAT AND NO REGISTRATION. WHEN WE APPROACHED CTO ( COMMERCIAL TAX OFFICER ) HE ASKED TO PAY REMAINING 12.5 % ( 14.5-2 %).

CAN ANY ONE SUGGEST DO WE HAVE TO PAY THE REMAINING VAT. OR NOT.

Hi, I sell part time on ebay india. I dont have tin no. No purchase bills. My annual sale is not more than 1 lakh. Now i want to sell on snapdeal amazon etc. They are asking for tin no. I am from delhi. What should i do. If i apply for tin. do i have to show ebay and offline sales as well. How to make invoice, What tax to charged, How to carry it forward. Kindly guide me if possible. Regards.

Our organisation is selling to the different customers in In India.We had received an order from BSNL in 2010-11 for supply of goods and installation work.

AS per the customer's order, we had to deliver the goods at the various consignees in all over india.

In F.Y. 2011-12 , Month of March 2012 , goods were dispatched to 10 different consignees. For 5 Consignees , sales were accounted in March 2012 and for balance 5 Consignees sales was booked in April 2012 as the goods were not receievd by the consignee upto 31.03.2012.All the goods were taxable at the rate of 2 % against Form-C.

BSNL Issued a single Form -C for all the 10 consignees, as all the excise invoices were of march 2012.

This C Form was rejected by the sale tax authorities on the ground that sale of the same were accounted in diffrent quarters of two financial years.

Your valuable opinions are needed on this rejected FORM-C.

I have not filed sales tax return since Oct 2012 - Mar 2013. From Feb 2013 have stopped my business and have done no transaction till date. I have recieved a notice and prosecution notice from sales tax office.

Also my MVAT no is not cancelled yet.Now they are asking me to pay Rs.5,000/- per six month as penalty which comes to 30,000.

What can i do ? Also i have no password for electronic filing account.Please guide me.

Thank you

Dear All,

I have little confusion with Form T2 requirement. our Firm is in Delhi Vasant kunj and I need to send some material from Najafgarh, Delhi. Now as the sale Within the state/Local sale, do I need form T2 for the same.
please provide your guidance.

Regards,

Kapil Kumar

Hello,

When can we demand for additional C Forms ?