how to feed vat on sales and purchase entries in tally9.

Hi Sir,
we are into the manufacturing of Formulation of Cancer products.Actually we purchased second hand BMW car from individual person for our MD.later we sold the same to another person.
my point is are we liable to pay tax for that second hand car.
please advise me.

can i get set off of VAT on purchase of office equipment,printing & stationery,plant & machinery??

Hi Everyone can you please suggest me about claiming Input Tax Credit of A.C. & Computer used in the Office. My Company is operating in the Mfg. as well as Trading activity. If my Co. is eligible then How Much amount can be claimed(Any Reduction etc.).
Please give your answer from Maharashtra VAT view point.

Dear Experts,
A material purchased for a sale after some fabrication process in the factory.
Whether VAT input credit availed (Taminadu vat ACT)on such raw materials need to be reversed if said materials were not sold and lying as a stock for more than 4 or 5 years.

pls guide me.

Dear Sir / Madam, I am into business of personalised gifting. Currently, I have got an order from a company (manufacturer of steel utensils) who wishes to sell thier tiffin boxes in one of my product (tiffin bag)
I am not a registered Dealer and have no VAT Reg no.

I want to know how can i go ahead with this transaction? Should i get a tax invoice from my vendor?

My cost price would be 5,00,000 + 12.5% vat and selling cost would be 5,50,000 + 12.5% vat.

Can i give a tax invoice without VAT Tin no?
Can my customer claim set-off vat ?

Waiting for your reply? Thank you for your expert advice.

Vaibhav Dev
vaibhav.dev@gmail.com

I have two question

1. Is there is any limit for retail bill in CST for cash and do seller need to collect any form from retail seller

2. Can we sold goods received in c form in one state from other state, e.g. we have two branches one in Delhi and other is in Gurgaon .can we transfer goods received in Delhi on c form to Gurgaon on F form, then sale it from Gurgaon.

sir

we took laptop from ABC company they were levied output vat, is this valid?

this is vat registered company

Dear Sir, I want know process of name changes in TNVAT => proprietorship to private limited. Pls guide me do this. regards Dhina

One of my client is not registered with sales tax as his turnover is less than 20 lakhs and dealing in sale purchase of cloth which is tax free. So I want to know if I purchase tax free cloth from outside delhi then I have to issue c form or not ??..