dear sir
can i adjust output cst(cst on sale)
from local input tax credit

sir

our firm is based in ghaziabad U.P

many expert told me that i cant adjust cst payable against vat receivable

and

many of told me i can

but what's true

what should i do to solve this problem and confusion about this .

can and one tell me by voice
my conversation no 8882227180
other wise send me your no

We are staring a chain link family restaurants in vijayawada, A.P. we have to apply for vat registration after taking the registration what forms we have filed to department and what rate we have to pay on sales turnover. pl. inform us the slabs in detailed format to understand easily.


N.Srinivas

I have a client company having 18 branches all over India. The company is liable to tax audit and hence is also liable to vat audit. I want to know whether VAT audit will be applicable only to those branches which have crossed the limit of 40 lakhs or all the 18 branches will be liable to conduct VAT audit.

I AM IN CONFUSION TO COMPUTE THE VAT PAYABLE AT EACH STAGE USING "INVOICE METHOD"

AA (MANUFACTURER) sold goods to BB (DISTRIBUTOR) at Rs. 4000/=
profit (as % of cost price) ----
-------------------------------------------

BB sold goods to CC(WHOLESALER)
-----profit (as % of cost price) 56.25%

-------------------------------------------

CC sold goods to DD (RETAILER)
-----profit (as % of cost price) 25.00%


DD sold goods to EE (ULTIMATE CONSUMER)
-----profit (as % of cost price) 25.00%

Assume that the VAT rate is 4% and that there was no value addition at various stages of sale except profit margin.

Dear All

Can anyone explain me about tds to be deducted under MVAT act while making payment for work contract related payments like?
and who has to deduct tds whether register dealer or non register dealers or both..

Is there any limit for deducting tds under mvat act?

HI,

IN CASE OF GRANULE (PLASTICS WASTE)TRADING THE DEALER FILING THE RETURN HAVE TO CHARGE VAT @5%.

BUT IN CASE OF PURCHASES HE DONT GET ANY TAX INVOICE BECAUSE THEY ARE NOT REGISTERED WE ONLY GET KACCHA BILL.

MY QUERY IS THAT WHETHER I HAVE TO PAY TAX (VAT) ON PURCHASE , CAN I SHOW THAT URD BILL AMOUNT IN MY RETURN WHAT WILL BE THE CONSQUENCES

THANKS & REGARDS
MAHEBOOB PATHAN

WE ARE MANUFACTURER OF TV AND OTHER ELECTRONIC GOODS. WE ALSO IMPORT ELECTRONIC COMPONENTS FOR USE IN OUR PRODUCTS. WE HAVE OUR ONE UNIT AT NOIDA. IF WE TRANSFER SOME ELECTRONIC COMPONENTS TO OUR NOIDA UNIT AGAINST FORM 'F'. IF ANY CST LIABILITY ARISES ON THIS TRANSACTION OR NOT?

THANKS

SANJIV BATRA

hello,
i want to know the procedure to be adopted for transfer of machinery from Tamilnadu state to Gujarat State under the provisions of CST Act. I know that Form F is to be given by transfee (gujarat branch office) to transfror (tamilnadu Head office). But this provision is for transfer of Stocks. Is machinery included in the same provision? Are there any other forms/ declaration to be obtain from Gujarat tax authorities?

Dear Sirs,

Please give me brief provisions on "H" form.

Is it sufficient if the party shows the ER1 data for the purpose of Sales Tax Assessment.