Dear Experts

Pls help me on following:-

One of my assessee is in the business of manufacturing shoes which is a excisable product. Now they want to shift its factory from delhi to kundli & they want to shut down the factory of delhi. so all stock will also be transferred.
Pls tell me what are the compliance as per Excise Act, sale tax and income tax also.

Regards
Deepak Kakkar

Someone told me that minimum 1000 labour must be there to term a contract as works contract .Is it true? I never seen this type of conditions in WC Act. Please help me to solve my confusion.

Dear Expert,
What is the current CST Rate is it 1%/2%
Thanks in advance

If a compnay is selling its fixed asset whether vat will be applicable on such sale, particularly sale of motor vehicle.

Dear Experts,

My question is, if goods purchased by a registered dealer in WB is sold in ASSAM.

Can he claim input VAT paid with the output VAT payable in ASSAM?

Please Reply. Its urgent.

Regards,

Assuming that a company has purchased products from local market (Ormay be even imports) for its regular trading..
it has also taken the VAT / CENVAT input credit for these goods...

later it utilises such goods in construction / expansion of its premises.... such goods need to be capitalised, and the company has done so....

now in such situation how is it to take or reverse the VAT INPUT CREDIT. as, we can take only 50% input in current year in case of CAPITAL GOODS,, but it has already taken full 100% input...

also, it doesn't have bar coding system to verify what stocks have been capitalised or used for personal use...(Price of commodities keep changing regularly)

so what should such company do to take proper amount of VAT / CENVAT INPUT CREDIT????

please explain me about any tax liabilty under service tax or karnatak-vat - for purchasing the land and development as plots (but not construction)only layout.

is there any liablity in service tax or vat for that ?

& also in case of joint development made by the owner of land & land developer

In a Manufacturing Co. Can we claim credit of-
1. Vat on the oxygen Cylinders/Gas purchased
for industrial use,
2. What about the Excise Duty, can we have
the credit of the duty if shown by the
supplier in his invoice,
3. If claim cannot be taken, should we take
VAT & Excise in our books?

Thanks.

Question related to interior decorator/ architect providing services such as taking project to complete interior construction of a building for which it supplies material , labour & simultaneously provides services of interior decorator consultant, therefore how tax should be charged by susch interior decorator on his bill i.e on which % value vat to be charged & on Which % value service tax to be charged & on which value consultancy charges to be charged by such service provider & on which value service tax to be paid by such interior decorator.
Please explain in detail with relation to different sections of service tax, V.A.T etc

Currently almost state had imposed electricity duty on electricity consumer. It ranges from 5% to 15% depending upon the state. Looking at the nature of taxation it is service tax on service provided. All tax paid to on goods and services under Central Government rule are VAT able under various provision of similar act. ( Like Excise Duty and Cenvat Credit).
Similarly state had imposed electiricity duty on electricity consumer. Looking at current scenario VAT credit is not available. I would like to understand the understanding on the constitutional provision and nature of electricity duty.

Don’t we think that it should be adjusted against the local sales tax.