I am construction company prop. and also doing some contract works. I have VAT TIN and also CST NO. for Purchase of Utensils from Mumbai/Banglore...
My que. is that
1) I have purchase Utensils on C form Purchase, they give invoices to us on my Local VAT TIN No. Do it is right to quote VAT No. instead of CST No. in invoice ?
2) They have shown qty rate = amount + packing,forwarding & postage etc... = total *2% CST do it is right ?
3)Now Do I have to Count Purchase including packing,forwarding & Postage etc. or shown these exp. seprately as direct expense ?
4)In my EVAT Return Do I have to shown full amount of Purchase as Que. no. 3 ?
5)Now I have to Issue Sales Invoice of CST Purchase in Gujarat. So Kindly Know me the rate of Utensils in gujarat.
6)last I have tax invoice of spares and lubricunt which is used in construction and in our vehicle which are used for constrution or any transportion purpose, Do we can take setoff/credit of those purchases ?

thank you very much in advance

pls don't leave my que. alone
any suggesstion and help will be defenitely inspire me for helping hands.

Can VAT be levied on sale, by a retail store, of gift vouchers?

According to me gift vouchers are similar to advance & not goods, hence not liable to VAT.

Also, what other documentation should be kept, from VAT point of view?

Dear Experts

Pls help me on following:-

One of my assessee is in the business of manufacturing shoes which is a excisable product. Now they want to shift its factory from delhi to kundli & they want to shut down the factory of delhi. so all stock will also be transferred.
Pls tell me what are the compliance as per Excise Act, sale tax and income tax also.

Regards
Deepak Kakkar

Someone told me that minimum 1000 labour must be there to term a contract as works contract .Is it true? I never seen this type of conditions in WC Act. Please help me to solve my confusion.

Dear Expert,
What is the current CST Rate is it 1%/2%
Thanks in advance

If a compnay is selling its fixed asset whether vat will be applicable on such sale, particularly sale of motor vehicle.

Dear Experts,

My question is, if goods purchased by a registered dealer in WB is sold in ASSAM.

Can he claim input VAT paid with the output VAT payable in ASSAM?

Please Reply. Its urgent.

Regards,

Assuming that a company has purchased products from local market (Ormay be even imports) for its regular trading..
it has also taken the VAT / CENVAT input credit for these goods...

later it utilises such goods in construction / expansion of its premises.... such goods need to be capitalised, and the company has done so....

now in such situation how is it to take or reverse the VAT INPUT CREDIT. as, we can take only 50% input in current year in case of CAPITAL GOODS,, but it has already taken full 100% input...

also, it doesn't have bar coding system to verify what stocks have been capitalised or used for personal use...(Price of commodities keep changing regularly)

so what should such company do to take proper amount of VAT / CENVAT INPUT CREDIT????

please explain me about any tax liabilty under service tax or karnatak-vat - for purchasing the land and development as plots (but not construction)only layout.

is there any liablity in service tax or vat for that ?

& also in case of joint development made by the owner of land & land developer

Please clarify that how the VAT credit can be claimed if the goods are transferred as " Stock / Branch Transfer" as inter state (i.e. branch located at other state)and the VAT amount is paid on the Raw Material which is also purchased from other states.