I am buying a laptop from Dell and was required to send them Road Permit (form 50A) for them to ship it me as I live in West bengal.
When I went to the sales tax office they asked me to pay 4% VAT and 1% entry tax.
I understand the entry tax, my question is
1) why am I paying 4%VAT when I am already paying 5% VAT to dell?
2) Do I need to pay VAT to each state? Seems so unfair, especially when other states don't have to pay the same.
I ended up paying Rs. 3000 more just because I live in West bengal and not in Delhi.
I will highly appreciate an experts view on this.
MVAT is applicable on builders from which finacial year, can MVAT is Applicable on F.Y. 2005-06 to F.Y. 2009-10
Answer nowI am transferring goods from Daman to rajasthan.
which form will be applicable for VAT & CST purpose.
COMPOSITION SCHEME FOR SARAF DEALERS 2006
SECTION 5(4) DEALER DEPOSITED QURLY 4TH INSTALLMRENT FOR EXEMPTION FEE 7 DAY LATE ASSASSING OTHORITY ASSESS THE CASE 2007-08
AND CHARGES 7 DAYS INTEREST 28 RS. ASESEE DEPOSITE IT. NOW THEY WANT REOPEN THE CASE CENCELL THE COMPOSITION CERTIFICATE AND WANT TO CHARGE @ 1% VAT ON TURNOVER CAN THEY DO THIS LEGELY. PLEASE SENT CASE LAW AND YOUR OPINION ABOUT THIS CASE.
Dear Sir/Madam,
Kindly help me out.
My question is, we are registered dealer in Banglore under composition scheme.
So our consultant have calculated COT amount like this:-
1. Turnover (incl of tax)= Gross turnover-Payment to subcontractor
2. COT=Taxable turnover x 4%
My problem is how to adjust the entries in tally
Kindly give your valuable suggestion if any
Thanks
Hi,
Can any one please help me with Non-Woven fabric Geotextiles, what perceentage of VAT is applicable in Maharashtra.
Under Schedule C 101 stated as is has to be charge 5% but i am not sure what rate has to be charged for Non-Woven Geotextiles.
Please
Thanks in Advance.
Prakash Khatri
I had registered property in Dec-2009, in Navi Mumbai for the agreement value of 4350000/-.
Now the OC is received in March-2012.Now the builder is asking me to pay 5% Vat of the agreement
value i.e Rs.217500/- which was mentioned no where in my agreement.Although he has already taken
the service tax from me in March 2012 at the rate of 2.5% or more may be to the tune of Rs.64000/-
Now Iam very tensed since the agreement states that "any other taxes,ceases that shall be leivied or
become leviable by CIDCO/NMMC or any GOVt.authorities and also such other charges,
esclations imposed by CIDCO or any other Govt. authorities to be paid by the purchaser".Also it states that,"If at
any time any Service Tax or WTC or other levy or charges is or are levied charged or sought by any authority in the
respect of the said Agreement, the same shall be borne and paid by the purchaser."
Now since I have registered the prop. before 1st April 2010, how can he ask me to pay the VAT of 5%.He is not
giving me the possession letter and the allotment letter for parking.What would you suggest me in this case.
Request you kindly help urgently.
Please let me know the VAT rate of SOLAR Photovoltaic panels in Delhi. Please revert to me immediately if possible.
Can we purchase Furniture & Fixtures for our factory & Office premises from outside the State on Form 'C'? The factory is located in Haryana & we wish to buy F&F from Delhi on Form 'C' by paying 2%CST?
Answer nowHello,
I am a dealer registered under Maharashtra VAT and CST. How do I apply for C Form? What is the procedure? Is it done online or only by visiting the Sales Tax Office?
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Do i need to pay vat twice?