Is MVat @ 1% applicable on electricity, water charges, society formation charges etc that the builder charges from the flatowner over and above the consideration/ agreement amount?
Am I as a flatowner liable? If yes, can I claim credit for it? If Yes, What document should I ask the builder to furnish me with?
In the trade circular it is mentioned that these expenses will be allowed as a deduction to the builder if they are paid to the authorities. If the builder is getting a deduction from his MVat isn't he duty bound to transfer the credit to me.
A swift reply would be highly appreciated.

Dear Sir,

We have received order for materials & services for providing Barbed wire fencing,from our client.

In above contact vat is applicable if yes, pl. the rate of vat %

Thanks & regards

L.D.Dharmadhikari

I need clarification on point of taxation under KVAT. Situation: We served food in the month of August-14 and raised invoice in the month October-14, Where as we received the payment in advance, in the month of July-14. pls let me know the month from which we are liable to pay tax. Awaiting for your reply. Regards. Madhan

Someone Please tell me cst No or Vat tin no comes for Seller registration certificate no in C Form where as Seller's CST No & Vat No are different like Vat tin-260020011082V and Cst No-DNH/CST/M/1082C

whether AMC is works contract.
When does AMC amounts to works contract?
whether MVAT TDS is applicable for AMC transaction , if AMC amount exceeds RS.50000 in a FY?

We are society, We have done painting work on our Building for this we issued work order , we made payment after deducting TDS continuously, But our internal auditor raise queries to deduct WCT also.
1. Whether WCT applicable on painting work
2. What is the ceiling limit as per bihar vat act.
Pls resolve it.

I want to know, how one can make the payment of MVAT / CST (through e payment). Please guide me with proper illustration.

my uncle is doing business of airconditioner selling and repairing he is raising labour with material invoice in such case how much tax he has to charge ?

Sir,

We have purchased Material against H form but which is not yet exported lying in stock. Can we issue H form to the Seller regarding the same ???

Sir,

Pls tell me the difference between sales tax and vat. Pls clarify with some examples.