WHILE MAKING SALE OF SCRAP ITEMS/OLD USED ITEM WE HAVE BEED COLLECTING VAT AS WELL AS TCS. I HAVE A DOUBT WHETHER WE HAVE TO COLLECT EDUCATION CESS ON THIS BILL

PL LET ME KNOW WHO ARE ELIGIBLE FOR CLAIMING 3% CST ON INTERSTATE TRANSACTIONS BOTH TRADER AND MANUFACTURER. IF MANUFACTURER IS ELEGIBLE WHAT ABOUT THE POSITION IF THEIR OUTPUT IS TAX EXEMPT ITEM.IF IT IS SO IF THEY CAN PURCHASE THE ENTIRE THING FROM OUTSIDE THE STATE SO AS TO AVOID 12.5 % VAT.

what is sales tax defferment loan and who can avail it

I have a difficulty
My sales are not liable for VAT...ie., Mine is a hotel industry and have income by way of room rent. I purchase materials for repairs and materials & other items which I pay input VAT....
As I have to file the VAT returns which is mandatory in maharashtra...it shows the sale and also the purchase items in the vat return.As I am not liable for VAT on output....I dont pay any VAT. But the Input vat is shown in the return based on the different purchases. It shows the Input credit and also in the subsequent return it shows as unutilised credit from the previous period. I think it should show as NIL or NA as I am not liable to pay any VAT on sales, I wont get any vat credit and hence no set off or carry forward also.
Please let me know how to solve this problem.
Regards
Avinash

R/s
can some one send me vat rates for all items for punjab
at my mail ID:- naresh.kansal@gmail.com or send me link


thanks

I AM KACCHA ADTIA & MY TOTAL GHARAU SALE IS 33 LAKH & ADAT SALE IS 1 CR. SO PLEASE ADVICE I AM APPLICABLE FOR VAT AUDIT

SACHIN

Can VAT attract on Electrical contractor ?who doing electrical works on contract based.


NandaKISHORE

what is the Gujarat Govt. Policy on aviling the VAT Credit on Capital Goods. Is it in with consonence of Guidance Note of ICAI i.e. to amortise over a period of 36 EMIs.

A COMPANY IN WEST BENGAL HAS BRANCH IN PUNJAB. A AUCTION HAS HELD IN ASANSOL IN WEST BENGAL IN WHICH ONLINE AUCTION WAS MADE AND PUNJAB BRANCH MADE HIGHEST BID AND PURCHASED THE GOODS NOW THE REGISTERED OFFICE OF THE COMPANY IS IN KOLKATA IN WEST BENGAL WHETHER POSSESSION OF GOODS PURCHASED BY BRANCH IN PUNJAB CAN BE TAKEN BY COMPANY IN WEST BENGAL WHETHER IT WILL ATTRACT CST OR VAT PLEASE CLARIFY THE MATTER ALONGWITH ACCOUNTING & TAX TREATMENT

Dear sir,
whether VAT is applicablr on Computer Rental charges.