Anonymous
16 December 2010 at 11:11

Vat on Cylinders for Industrial Use

In a Manufacturing Co. Can we claim credit of-
1. Vat on the oxygen Cylinders/Gas purchased
for industrial use,
2. What about the Excise Duty, can we have
the credit of the duty if shown by the
supplier in his invoice,
3. If claim cannot be taken, should we take
VAT & Excise in our books?

Thanks.

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virendra
14 December 2010 at 16:31

vat & service tax

Question related to interior decorator/ architect providing services such as taking project to complete interior construction of a building for which it supplies material , labour & simultaneously provides services of interior decorator consultant, therefore how tax should be charged by susch interior decorator on his bill i.e on which % value vat to be charged & on Which % value service tax to be charged & on which value consultancy charges to be charged by such service provider & on which value service tax to be paid by such interior decorator.
Please explain in detail with relation to different sections of service tax, V.A.T etc

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Deepak Goyal
14 December 2010 at 11:49

VAT Tax Payment

can any one tell me the due date of monthly payment of VAT under Rajasthan VAT with rule/section

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Anonymous
13 December 2010 at 14:48

Electricity Duty and VAT

Currently almost state had imposed electricity duty on electricity consumer. It ranges from 5% to 15% depending upon the state. Looking at the nature of taxation it is service tax on service provided. All tax paid to on goods and services under Central Government rule are VAT able under various provision of similar act. ( Like Excise Duty and Cenvat Credit).
Similarly state had imposed electiricity duty on electricity consumer. Looking at current scenario VAT credit is not available. I would like to understand the understanding on the constitutional provision and nature of electricity duty.

Don’t we think that it should be adjusted against the local sales tax.

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jitesh
08 December 2010 at 13:01

Registration

Dear all

My query is on the following circumtances:

A real estate company is taking credit of VAT input

As the project is under construction so VAT output does not arises.

further more the company has not taken vat registration no as its say that vat liability does not arises as now and it will take regd later.

My query is as the company has not taken vat regd. , can it shows vat input entries in books,
further whether it has to file return or not.

Please i need a expert advice as this is a very serious matter.

Regards
Jitesh Tibrewal

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CA Ankit Verma
08 December 2010 at 10:34

Service charge, charged by a restaurant

A restaurant charges service charge @ 10% on food served and then charges VAT @ 12.5% on the aggregate amount [i.e. Charges for food items + Service charge @ 10% on such food items]

NOTE:-
This service charge @ 10% is charged only if food is consumed at restaurant, i.e. if free home-delivery is opted then no service charge is charged.

[Q1] Is it correct to charge VAT on service charge as well ? Should'nt it be seperately charged by service tax rather than by VAT ?

[Q2] If No, then should he charge composite rate of tax ?

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Aman Agrawal
03 December 2010 at 17:09

related to tcs on forest produce

According to sec.206c tcs should be collected on forest produce. my query is on subsequent sale whether tcs should be collected or not as on the first sale while purchasing wood for government tcs is collected by govt. but after purchasing when they are resold that should be considered as trading asset according to my view.
so please advice me on the above related matter.
thanks in advance.

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MAHESH
02 December 2010 at 19:52

C FORM

MY QUESTION IS, CAN WE GIVE A C FORM OF SUNDRY CREDITOR OTHERS FOR INTERSTATE PURCHASE FOR SAVE OUR LOCAL TAX LIABILITIES.

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Anonymous
22 November 2010 at 22:38

can i avoid vat

my friend is having a business of selling mobiles, he has registered him self under VAT.
Now he has started 'telebrands' distribution-ship for which they provide him commission say Rs 200 on a product.
They issues him a invoice with CST @12% without 'C' form.
Now i want 2 know that can my friend register himself under CST and get the @ reduced plus can he avoid paying VAT on the ground that he is receiving commission

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Mayank Agarwal
15 November 2010 at 11:13

transfer of INVENTORY

Plz let me know whether transfer of Inventory form Subsidiary Co. to Holding co. is chargeable to vat under UP Vat act???

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