hi dear all,
Can be Print Vat and Cst Return from Maharastra Commercial Site as we have print
only ACKNOWLEDGEMENT ONLY..
Please suggest

A clerical mistake has happened while accounting. a) CST purchase bills have been accounted twice.These mistakes have happened in the year 2012-13. Now I want to rectify these mistakes. Whether I should cancel the extra entries and submit revised VAT monthly returns for that particular month or Should I pass journal entries to rectify the mistakes and adjust them in the current month VAT returns. or cancel the entries and record the correct entries in the Annual returns(April to March) while preparing the final accounts?

Hi All,

I am working in a manufacturing company , we have received input tax credit,

v have availed inputtax credit but v received a notice from excise department stating that company is not eligible to take input tax credit .

please let me know when the company is not eligible to avail inputtax credit.



its urgent


thanks in advance



Regrds,

kumar

Dear all,
(from andhra pradesh)

what is works contract under AP VAT?

who will come under works contract?

who has to take VAT?

and

How they file VAT Returns?(because in contracts there is no resale of goods)

CAN ANYONE TELL ME THE PROCEDURE FOR GETTING C- FORM, AND WHAT IS C-FORM

Hi Every one i want to know about Work and contract tax. like on which kind of transaction or assessee this tax is applicable. and how to compute it and in DVAT 16 return form it is shown for taking input so how can we claim input in case of WCT in DVAT 16 form. and Give a suitable example to compute WCT tax considering an interior decorator company want to compute its wct..??

I want to know if i purchase with tax invoice and after then company which whom i have purchased credit note to us for price equalization or trade discount including vat on each tax invoice.

so it means when i purchase i take input tax credit of purchases but after credit note,
do i need to reduce that input vat whenever that credit note was ??

One of Our client is interior decorator doing interior work he has opted for composition scheme under works contract so in given scenario the dealer gets the set off reduced by 36% i.e. if 100 Rs vat paid towards purchases than dealer will only get set off of Rs. 64 which is local purchase in our case we have local sale + OMS sale so what we have done is taken ratio of Local:OMS sale and than bifurcated the set off according to the ratio for Example 40:60
1)so my Query is that should we reduce our full set off by 36%???? or
2) reduce the local sale i.e. 40 by 36% and take full set off against OMS sale ???

Dear Sir,

Form C issue on purchase value + CST value or Total Value in bill including of freight etc.

Kindly guide me.

whether vat is applicable on liquor or not?If yes at which rate?Is their rate difference in different states? Please reply in deep.