Client is doing brick business. So far he has not registered for VAT. Now he wants to have a deal with big construction corporates for selling bricks in bulk. Corporates are insisting for the VAT invoice.

The problem here is, while purchasing the bricks he is not getting any bill from the supplier. If that be the situation, can he raise a VAT invoice without any purchase bills for the bricks he is going to sell.

Hi,

Assesee type: Non Audit Dealer
Type of VAT: Maharashtra VAT

This dealer has sold goods to certain non tin delaers. Now, where in J1 has this sale to be shown? Some people say that this has to be shown in 1000th row. But I've downloaded Annexure J1 from the following link which actually has 2000 rows and no where it is mentioned 'Sale to non-tin dealers'. And if I just enter the amount without entering TIN nos., it generates an error.

Please tell me what is the way out?

Hello,

What is the penalty for late filing of Maharashtra VAT Return? And is the penalty mandatory or at the discretion of the AO?

Hi All !

I wanted to know what percent of VAT Tax is applicable on Tyre retreading business? And what exemptions are allowed to the taxable value i.e. VAT will be charged on what percentage of value/turnover? I heard somewhere that 40% of exemption is allowed, but i am not clear that, is it taxable on 40% or 40% is exempted on total turnover?

Please Help me out and thanx in advance

Waiting for expert's comments/replpy

Is Interest required to be paid on 1% VAT on property applicable for registrations done after 1st April 2010,to be paid by builders after High Court has withdrawn the stay order on the VAT on immovable property. Please reply urgently... Thanks in Advance

Hi,
I have bought an underconstruction flat in Thane. Registration was done in Aug 2009. Builder is now giving possession but he is charging me 5% VAT.

According to my knowledge VAT is applicable only for those flats which were registered after 1st April 2010 @ 1% rate.

Can some one pls clarify..

As per DVAT Act,what is last date for Asst.cases for the f.y.2008-09.

IS VAT on raisins in maharashtra reduced to zero percent from 5%???

Sir,
Recently We have done interstate works contract services.Our unit is in Tamilnadu and registered under TN vat act. Recently we have done Interstate works contract services for a client in Delhi.

In this case, what will be the CST rates that will be applicable. I presume that it will be only on the material value.And whether we have to obtain any TAN No. for works contract services from the commercial tax department.

Also what will be the Service Tax rate for the above?

Will any one will guide on this.

Thanks in advance.

Radhakrishnan

Dear Members,

I would like to have your kind attention please on the topic as follows:-

if Work Contract tax is charged on the agreed amount at the time of work contract agreement, which is the method for calculation wct in following options:-

1. WCT shall to be calculated on agreed amount + service tax amount charged already on Invoice
2. WCT shall to be charged only on agreed amt, excluding service tax amt mentioned in Invoice.....

Looking forward to your kind reply

Thanks & Regards,
Harvinder