Dear All,

One of my client got a contract of Rs. 100 from a government department for supply & installation of machinery. As per the contract Rs. 80 are for supply of machinery and Rs. 20 are for labor.

Now the department is saying that wct @6% will be deducted on Rs. 100. Our point is that since the contract is in two parts..one for supply and one for labor,therefore, wct not applicable.

Please Help
Amit Jain

Dear Experts,

When Tin no. is required to be obtained from sales tax department. Whether there is a limit after crossing turnover mandatory to get tin no??

Please reply....

Hello everyone, I need a clarification regarding trading of rice, groundnuts, oil, maida and sugar within the state of Telangana state or to other states attracts VAT or CST and to which states it is applicable.

Plz clarify my doubt

Thanks in advance

Hi all,
My company hired computer and desktop from one supplier. In his bill he raised VAT @ 5%. I want to know if we take any item on rent then whether VAT is applicable or not ? Anyone can help me to solve my query ?
Shilpa

I'm registered as a seller on online retail site. They had provided we with their own Invoicing for the customers. Whereas, I'm purchasing from local suppliers in VAT Invoice. Now the problem is how to I enter the Retail customer invoice in Tally. Can anybody help me on this?

Dear All,

I am from one NGO and we have made one contract with one NGO for food supply. As per the contract we have to get some amount as advance in chq. But NGO has given us their material stock against the advance. Now whether we have to pay VAT as this is the URD purchase ?

Please advice.

Purchasing in 1%,5% & 14.5%.
Sales is 1%.
While input tax availing the credit amount is getting carry forward. Will it make any problem or can we get any exemption against the purchasing bills %.
Purchasing 1% and sales also in 1%.

Kindly advise.

my client has buisness of construction. he is doing work of a company. now he want to take vat no. he is already issued the sales bill more than 5 lakhs. now he can take madatory vat no. by depositing 10000/- & bill of 5 lakhs.

pl. give urgent reply.

Dear Sir
Kindly advise if i issue the invoice on 31st March & customer recive the
material in first week of april.
What will be date on C form ? as per my inoive date or reciept date ?
Further my sales tax return should be in
quarer ending 31st march & next Quarter as per customer recipt date?

Thanks & Regards

Can anyone please explain the difference between purchase tax and input vat tax under Vat. thanx .