inder gupta

Respected sir/Madam

My query is

if i am purhcasing a flat in Shalimar Township in indore whethere there is Vat applicable on purchase of flat. and what is the rate of VAT

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NARESH KUMAR SHARMA

A Firm undertook a contract for supply of good in 2009. As per terms of esclation clause in contract the buyer had to pay extra for increse in price of material, labour to supplier. The whole goods under contract was supplied in 2009.The applicable rate of vat at the time of supply of good was 4%

The supplier raised bill for price variation in 2011 as per esclation clause of contract. The applicable rate of vat at the time of issue of price variation bill was 5%.

The contention of supplier is that whole goods were supplied in 2009 and p.v. bills are just of rate difference, hence only 4% rate should be applied on P.V. bills.

I would like to ask what rate of Vat should be charged on P.V. bills, either 4% or 5%

kindly advise stating relevant section of law.

Further kindly advise what will be answer in case of excise duty in same situation.

thanks
naresh sharma

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Anonymous
28 June 2011 at 15:37

Furniture Rental Business

Hello,

I have a furniture rental business. Basically, I have two models. I either buy furniture and then rent them out or I rent from manufactures and rent it out again.

Do I need to pay VAT on the service that I provide?

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Anonymous
15 June 2011 at 17:16

Vat Deduction

Dear Sir,

We are government contractor, we have received Tax relief from income tax department on tax of 2% on TDS & WCT VAT.

while releasing payment Government employer also deducting 2% TDS & WCT VAT.

I request you to inform that even after deduction from Govt. Employer we have to pay sales vat 8% on it

With Regards,

Mangesh Kiranpure
9022546402
9768509273



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Anonymous
09 June 2011 at 19:20

work contract tax

I WANT TO KNOW EVERY THING DELHI WORK CONTRACT RULES SUCH AS-RATES FOR WORK CONTRACT TAX,INVOICE FORMAT INCLUDING VAT AND SERVICE TAX AND ACCOUNTING IN CONTRACTOR AND CONTRACTEE BOOKS OF ACCOUNTS.

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krunal
09 June 2011 at 18:40

VAT ON FREIGHT

In case of Purchase some vendors charges VAT on the total Value of Material + Freight + Loading Unloading Charges = Total Value of Material + VAT......
Can Vendor cahrge the VAT on freight amount ??? On Loanding Unloading Charges????. Under which rule, section of VAT it has mentioned that the VAT is chargeable on freight / loading unloading charges.

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Chitesh B Jain

Dear,

I am starting new business of Redimate gurments, i want to registration for TIN no. and CST no pls tell me about process of registration and what chareges ?

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Tax Payer
09 May 2011 at 12:00

SIM CARDS AND RECHARGE COUPONS

I am dealer in Sim Cards and Recharge Coupons for a particular area of TATA Docomo. The Telecompany while billing of SIM Cards, they charge Sales Tax and for Recharge Coupons, they charge Service Tax. My doubt is whether I should also collect Sales Tax i.e., VAT on sale of SIM Cards and Service Tax on sale of Recharge Coupons. My auditor advised me not to collect any tax on sale of SIM or Recharge Coupons. Could anyone help me in this regard?

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Alok Srivastava
03 May 2011 at 22:46

UP VAT

Sir, we are registered under UP VAT in Kanpur. Our company is contemplating to buy goods from Orissa and sale in local mkt as well as other states also. What process we should follow. First of all we need to get registered with VAT authority? Then what forms we need to get for buying goods from Orissa? Do we need road permit? what is the process to get road permit? Kindly guide me through whole process. Plzzzzz...

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Savyasachi
02 May 2011 at 18:11

About CST Penalty.

Dear Sir,

Even after paying VAT penalty u/s 29(8) of Maharashtra Value Added Tax for late payment and filing of return of VAT & CST,sales tax department has levied penalty u/s 9(2A) of CST Act 1956 of Rs.5000/-. Is this penalty was imposable on us even after paying VAT Penalty. Is there any legal process to avoid this penalty.

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