This Query has 5 replies
Hello everyone,can anybody tell me what is the difference between VAT and CENVAT(apart from their respective operational levels like-VAT operates at State level and CENVAT operates at central level)?
This Query has 3 replies
If the MRP of a good is RS 60 and it is being sold at Rs 50 what are the implications of VAT?
Does Vat have to be charged from the customer and if yes at 50 or 60?
Kindly answer with reference to DVAT
This Query has 5 replies
Hello
We have a bakery company registered in Aligarh and have all sales tax registrations and tin number. It is registered under my name. Now I want to begin with a trading company as well but with a different name. Can I begin it under the existing bakery company that is already registered?
If not is there any other way because registering another company would take a long time!
Thanks
This Query has 2 replies
As I mentioned in the subject, my query is related to the stock transfer. presently our organisation has 9 units all over India. all of them are regularly dealing in stock transfer with each other. generally two types of stock transfer are going on in our organisation :- 1) stock of raw material transferred as it is to our other unit. 2) stock of finished goods transferred after doing work on the raw material. now, my query is as follows :- 1) whether both the abovementioned cases are covered in the definition of stock transfer in cst act,1956? 2) whether form - F is required to be issued for both the cases?
This Query has 3 replies
We a manufacturing unit in Vasai. We purchase 80% of our raw materials outside Vasai municipality and 20% from local ( Vasai - VAT and LBT registered) dealers. We do not sell anything in Vasai municipality. Our customers are located outside Vasai municipality.
1. Do we still have to pay LBT?
2. Do we get any rebate or set-off?
This Query has 7 replies
PURCHASES LIKE STATIONARY, ELECTRICITY APPLIANCES,FUEL, ETC
WILL THE ABOVE PURCHASES BE ALLOWED INPUT TAX CREDIT IN CASE OF HOTEL BUSINESS
PLEASE REPLY FAST.
I AM FACING THE SAME PROBLEM IN MY AUDIT AND NO ONE IS HERE TO GUIDE ME
This Query has 3 replies
I want to know that I made a purchase from other state. vendor has calculated cst 12.50% & 5% both on invoice. so it is possible to charge both the taxes in one invoice? if yes so what should be conditions of doing this.
This Query has 2 replies
Dear Expert,
The Interstate sale is covered under The Central Sales Tax Act, 1956. The rate of tax is 2% against Form C otherwise the maximum rate of tax prevailing in the selling state for that product. kindly clarify in which section the said provision is mentioned.
I would like to request for your expert view.
thanks
This Query has 3 replies
Proprietor registered under MVAT for manufacturing unit. wants to open a new trading unit at different place with different name. can the same registration will be used for trading unit? or new registration will be required ?
This Query has 3 replies
Facts: We are registered under Karnatak, Westbengal and Mahrashtra in India. Now we are buying some material from Andhrapradesh against Form C for customer located in maharashtra. We are buying this consignment specifically for the customer in maharashtra and movement of goods will be from Andhrapradesh directly delivered to customer location in maharashtra.
Qurery: Can We sale our customer on CST against form C from our Karnatak or Westbengal VAT TIN.
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