penalty for non-filing of nil vat return since tin issued.i.e.16.10.2015 what are the penalties.should i file return or surrender the tin?  Pls Reply.

I'm designer and i work online for my clients in Europe, at the end of work they ask me to send legal tax invoice for payment. Can someone guide me what are the requirements for making an invoice and how i can do so? i have PAN card, do i have to take TAN for invoice?, how much percentage to charge for VAT? i seen some invoices have 14.5% and some charge 11%, 7% etc, do i need to make Retail invoice or something else? or any other govt things i need for invoice?

Read more at: https://www.caclubindia.com/forum/requirements-for-making-invoice-375872.asp

Sir,
My firm registered in Jaipur and I am vendor.
Purchaser firm registered in Delhi. Purchaser firm asked me send material at Jodhpur. What I do. Bill is CSt or vat and how treatment as per vat or CST and what rate applicable when he issue C Form.

Sir...my frnd wants to set an online grocery business...but there are so many vendors who don't give bills to save tax on that items...but he wants to do business with a proper way...so he wants bill...& if d vendors give him bill..the rate of products increases...so when it comes to customer they prefer to buy non billed one as it z cheaper...so what z d treatment for ds...I mean how my frnd get both bills & customers in most cost effective way...pls reply sir

Dear Sir,
Kindly suggest on this.
we have Given cash discount as per this example.
Total Price - 100
Trade Discount(10%) - 10(Now value became 90(100-10)
Cash Discount(2%) - 1.80 (Now value became 88.20(90-1.80)
Vat Applied 15% - 13.23 (Now Value Became 101.43(88.20+13.23)

Is it better way for accounting or vat will be apply before reduction of cash discount????

I have query regarding text file creation in new MVAT return template. In my case return is prepared successfully and massage appears as "text file created on your desktop" .....but no such file is visible on desktop. Can any one tell me what is the main issue and how to resolve it.. Thanks in advance

A partnership firm has 2 partners with A and B as partners. A died on 26/08/16.
How do i file the vat return for second quarter of 2016-17?
What about the transaction after the death ?how do I file the return for the period after death?
What procedure is to be followed ?

kindly guide me steps of conducting mvat audit and for of fat working.

My Friend taken vat registration in2004 but not start business so not file any return now he want to start business whether contine vat no.

My Friend taken vat registration in2004 but not start business so not file any return now he want to start business whether contine vat no.