We are selling iron ore to one party who are exporting the same,they are Issuing Form H to us.

Can we Purchase the goods against Form H within state without paying VAT.

Or Form H is for claimimg exemption only from CST in case of interstate purchase ?


Please Peply urgently.

i bought product from vat tax @ 4% i have a bill . i filed e filing. but checking the tin no. is wrong mismatch and also check co name is wrong. the party bank account is another state. i deduct and pay the tax monthly return (input tax). if mismatch the party tin . what is the proceedure. to modify the return remove the particular party tax and i will pay the particular amount to sales tax. please give me the reply.

i am eligible for input tax or not. Or i will be pay the input tax

debtor became not recoverable and it taken into discount. so can i reverse vat included in sales?

I have received a notice for an appeal/review filed by me against the Assessment Order for the year 1980-81 passed by AA/Ward ____and has requested me to appear before him tomorrow. I do not remember anything about such appeal/review filed by me. The firm surrendered its certificate on July'2001.
The notice mentions Ex-parte judgement on default of non- appearance

Notice is dated 17/09/2009 and served on 23/09/09 for hearing before JC on 24/09/09.

Is the notice legally valid even after 30 years.

What can I do?

I have a querry regarding MVAT.
A Company is engaged in Trading Gold and related items i.e. purchase and sale of gold but not in manufacturing or manufacturing related activities.

My querry is can they take VAT setoff paid on expenses like Printing & Stationery, Repairs & Maintainance, etc.

Also can they claim setoff on Capital goods purchased or they have to add the vat amount to the cost of asset and claim depreciation.

Hope you reply at the earliest.

Suppose Composition Dealer ka Aggrement 100000.00 ka Hai

Sale 100000.00
TDS 2.266% - 2266.00 Claimed in I.Tax
VAT 1.50% - 1500.00 Shown in VAT Return
Labour Cess - 2000.00 Kis Ledger ma Jayga

Balane Recd. 94234.00

Trading Ma Jab Sale Ke Entry Book Karte Hai Tab VAT (Under Duties & Taxes Group) Ki Liabilities Khade Kar Deta Hai and Isko Input VAT ka against adjuste karne ka bad Balance Ko Deposite Kar Deta hai.

Is Case VAT Ka Treatment Kya Hoga, Kyoki Sale Ke Entry Ka Time Par VAT to Khada Nahi Hua, Balki Jo VAT Bana tha vah to Kat kar payment Mile Hai.

Also Labour Cess Ko Kis Ledger Head Mai Entry Karange.

VAT Ka jo Certificate Melage Uska Kya Benifit Lenga.

Dear All,

Please guide me about what percentage of sett off can i claim under composition scheme of Works Contract under maharashtra VAT for the year FY 2008-2009?

And how much percentage reduction to take?

Its urgent

Regards

Sai H.N.

If a media agency buys a priting items from the printer or get printed from a printer and put up on an hoarding as per the agreement with the Client, will that agency is liable to pay any VAT on such transaction?

A manufacturing co is consturcting a building. Co is deducting WCT TDS under MVAT act as the said activity comes under WCT.

Co is making WCT TDS payment under form no. 405 under MVAT Act.

After closing of the year is there any return to be filed with sales tax department or filing of form no. 405 is sufficient.

We are engage in mold manufacturing.

Apart from this we also do modficiation activity when it comes after use from customers end.

For modification we are using material hardly 5% of order value.

What is the tax liability of this modifiation activity under VAT.

Pl provide information.