A dealer has made Central Sales@5% of Rs.104075/- but has goods return In Central Sales of Rs.132000/- (CST 12.5%).Can the dealer take tax credit of the Goods Return. If yes , then how and we will show it in CST Return.

if a person is having business income with no employees under him,is he liable to pay profession tax? if yes,then what shall be the amount..? Pls advise

Is it correct action of a dealer in Maharashtra to levy VAT on a sale to a buyer who's address is out of maharashtra, by stating reason that, sale is against E-form???

what is the high sea sale treatment in accounts as well as in filing VAT Returns.

Dear all


we received the excisable goods say plastic powder as raw material at haryana to convert into plastic component which is saleable without further any process on job work basis from another state say A ltd jammu where the cental sale tax rate is zero.Now A ltd want to sale the goods from job worker place,Haryana instead brought back at jammu and for doing so,A ltd got permission from its Excise Deptt. jammu to sale the goods from job work place without brought back at jammu.

if a ltd sale the goods to its coustmers located at haryana,delhi and rajasthan--

My query is Who will charge sale tax and what is the rate of sale tax in the following situations-
1.If A ltd sale the goods to a customer which is located at haryana
2.If A ltd sale the goods to customer which are located outside haryana state.

as some one has advised us sale tax to be charged by jobworker. when job worker is not owner of the goods how he will charge sale tax ?


pls advise

Dear Sir,

we were doing job work on steel structures we were taking input credit in central excise and paying excise on despatch of material, now is there any VAT applicable on excise invoice? we were writing invoice only excise and edcess, hsecess in VAT column we were showing blank, after all of the work is complete we were doing fabrication bill for the sent material. For Ex: we had received a order for 100mt material. Job work charges for the above is Rs.10000/- we were paying excise landing price + Job work charges. After completing the work were issuing fabrication bill for 100mt x 10,000 = 10,00,000/- this amount was shown in VAT return as exempted sales. We were not charging any VAT in job work. Is this process is correct or not? Kindly give me your suggestion.

In form 501(form for vat refund)
we can claim vat refund for the period starting from 01/04/06 & not prior to it.
But ABC Co has vat refund of Rs.17000/- in 2005-06 & this refund is brought forward & adjusted with VAT LIABILITY of 2006-07 & VAT Refund of 2006-07 is brought forward & adjusted with VAT LIABILITY of 2007-08. In 2007-08 there is VAT REFUND of 130000/- after adjusting refunds from 2005-06. So how one can claim refund in Form 501 as it mentions condition of period to be started from 01-04-2006.
Kindly help to solve the query.

Dear All,

Please take a note that, we are engaged in Software development.

Recently we have purchased computer(PC) and install addition software in that machine

Now we want to sale this item to client.

Further note that, we have services tax no. and VAT not applicable to us.

I request you to please suggestion, which type of tax applicable to us.

A waiting for your reply.

Your co-operation will be highly appreciated

Regards
Rajnish

The company pays lumpsum amount as subsidy to canteen contractor.Plz suggest on following issue that Whether Subsidy is liable for vat:

1) Assessee is running canteen in factory premises U/S 46 of factory act

2) it provides canteen facilities to employees only at susidized rate. Company deducts Rs.100/- p.m. per employee for such facility.

3) along with regular contract payment, the company pays lumpsum amount to caterer based on increase in Consumer Price Index. the caterer issues bill recovering service tax on the said amount.


Reference:
1. Tisco General Office reacreation club
126 STC 547
2. M/s Bayer India Ltd. DDQ No. DDQ-
11/2001/Adm-5/73/B-1 dated 9-10-2004

Kindly guide us the treatment of VAT on opening & closing Stocks in DVAT 16 through example.