Hi,
I'd just like to know the documents to be submitted to the sales tax authorities,and the procedure to be followed to claim input tax credit on purchases.

Regards/-

CAN WE LEAVY CST MORE THEN ONE TIME SUPPOSE HARYANA STATE SALE GOODS TO U P STATE & U P STATE SALE THIS TO DELHI STATE SO U P STATE CAN LEAVY FRESH CST OR NOT

Suppose X limited a company registered in West Bengal Under CST Act. X (Pvt) limited had also branch offices in State Rajasthan and UP. They had taken CST registration in the respective two states also. Now, suppose, the name of X limited is changed in the State of Rajstan only and a new company is formed say Xy (Private) Limited. Sales Tax Authority of Rajasthan accepted the name but the tin remained the same. Can the TIN remain same?

As per my understanding it could be possible when different State issues separate RC No for CST.

One properitor company registered under VAT is doing imports and wants to establish another company to do sales. The created co is not the branch and both its owners will be the same person. it is created only to segregates the transaction.My question is can the created company do sales with the same TIN no.of parent company?

I would like to know what is the rate of tax at which sale of coffee powder attract if it is sold from karnataka to any other state with C form and without C Form.

Dear Expert,
I needed a clearance regarding Goods in transit sale. We have a party A - Buyer & B- Seller. B sold his Machine to us then we got a buyer & we sold the same Machine to A we didnot take the delivery of Machine. Now the Invoice of B is on 31/10/2009 Dilivery challan is of 15/10/2009 & Advance received to us from A - buyer was on 28/8/2009 before machinery moved then can it be considered as Goods i Transit sale. Please guide.
What is goods in Transit sale. what are the points to be taken care of . Is payment date to be considered. & any reference i can go through for 6 (2) Sale.
Please guide..........

We have a unit in SEZ Surat, From SEZ we sell goods to other unit viz in SEZ, EOU outside Gujarat. While raising invoice we do not charge CST as SEZ are exempted from CST. Please advise whether I have to obtain Form I or Form C from the customers on such transaction outside Gujarat.
Thanks and Regards

Girish

A soya Company purchases Soya Seeds from the supplier and supplier charge VAT @ 4% in MP. Company makes payment to supplier without VAT and issue TDS Certificate for the VAT Amount as per Section 26-A of M.P. VAT Act.
Summarize position is as follows:

Purchase Value 20 M.T. @ 17,000/- per M.T. = 3,40,000/-
Add: VAT @ 4% = 13,600/-
Total Purchase Value = 3,53,600/-

Company is making payment of Rs. 3,40,000/- to supplier and issuing TDS certificate of Rs. 13,600/- to supplier. Amount of TDS of Rs. 13,600/- is not required to be deposited to govt.

What will be the accounting Entry?

We are selling iron ore to one party who are exporting the same,they are Issuing Form H to us.

Can we Purchase the goods against Form H within state without paying VAT.

Or Form H is for claimimg exemption only from CST in case of interstate purchase ?


Please Peply urgently.

i bought product from vat tax @ 4% i have a bill . i filed e filing. but checking the tin no. is wrong mismatch and also check co name is wrong. the party bank account is another state. i deduct and pay the tax monthly return (input tax). if mismatch the party tin . what is the proceedure. to modify the return remove the particular party tax and i will pay the particular amount to sales tax. please give me the reply.

i am eligible for input tax or not. Or i will be pay the input tax