Dear Sir / Madam,

Our Company has given below said IT Equipments on Rentals whereas the Ownership and Possession is with the company only right to use the equipment is transfered (without operator) to the Customer:

1.Computer (servers) with Operating system and softwares
2.Printer
3.Powersupply ( UPS)
4.Display device, keyboard, mouse
5.Client Machines with operating system and proprietary software

Can you please help me with the below queries:

1.MVAT Rate on such rental incomes.
2.Why MVAT Rate should not be 12.50%
3.Schedule under which the above will be covered.

Please help.

Regards,
Gurmeet Rohra

We are constructing residential apartments on our land and want to sell to individual owners.

Is VAT applicable to the buyers to be paid to us for submitting in the government?

If yes at what rate it is to be collected?

Also, when is this VAT payable - at time of registration or as we receive the instalment.

we left over to show the invoice details of some purchase @ 2% CST during the year 2011 -12.

Kindly advice how we can issue the Form - C to the supplier in this case

I want to know what happens if purchaser shows dummy bills and pays vat on it?

For what amount he is liable? also tell me penalty for the same?

hi

how to file dvat return online and which annexures are required ?????

thanks & regards
bhawna
rajpalbhawna2@gmail.com

Dear Sir/Madam,
i am Vikas Joshi working with Shree Jee Poles,Mankasar,Bikaner
we are manufacturers of Agriculture Fencing poles so do we have to pay Vat on it
pls advice

Somebody pls. guide..

Can department deny refund of VAT due to non submission of vendor transaction confirmation statements. specially in case where we have stopped doing business with vendors or they have winded up business?

Sir by mistake i had deposited tax on central tax challan form as the tax was to be deposited on local tax challan form.
how can that be rectified .
Is it possible to get it rectified from the bank from where the tax was deposited or is there some other process,
kindly guide me
Thanks and regards

Respected Sir/Madam
I have purchased a flat on 24/10/2007 registered on25/10/2007,
we have receive demand letter from builder on 17/09/2012 to pay 5% vat on purchase price to him that we didnot pay, now on 19/09/2012 we have received a letter demanding for 2% Vat on purchase price, with studying the information on this site I come to know that VAT is not applicable on ready possession flat , when I bought the flat it was ready possession ,we have architect letter stating the construction was completed on 29/08/2007 was 100% complete. the property in Thane Maharashtra.
so please advice us do I liable to pay vat on it If no do i need to give written feedback to developer

Your prompt response is highly appreciated
thanking in advance
It will be great if you can mail your answer on vivekdpatil@sify.com

PLEASE GIVE ME WHAT IS DIFFERENCE BETWEEN RETAIL INVOICE AND TAX INVOICE

WHAT IS LIMIT OF RETAIL INVOICE