I have not issued the invoice to one of my customer for selling some barcode labels to them & accordingly I have not taken the same in the VAT Return.

But the customer had made the payment through cheque.

Now, how can I show the same in BS & can match the return.

if a vendor purchase goods 110 including vat 10% this goods sold by vendor same price and profit charge way of delivery charges vendor issued both voucher one bill Rs 110 and delivery charge rs. 20 is vat applicable on rs. 20

Hello freiends,
A Private Ltd. Company is engaged in supply of electrical goods under work contract in Madhya Pradesh. Is VAT applicable to it?

is vat applicable on delivery charges on goods supply

One interstate purchase bill of Rs 1 lakh and they incorrectly charged 5% cst instead of 2%(under c form). total bill amount comes to Rs 105000/(100000+5000(cst))-at the same time they issue a credit note showing that reversal of cst of Rs 3000/-(3%) and wanted to issue c form.Is that credit note is valid? and any problem arises when we issue c form to that party......

Please send me vat rate on Plastic electric kettal And also on Paint purchase.

VAT PAID ON SAFETY GLOVES, SHOES PURCHASED FOR USE AT THE CONSTRUCTION SITE ARE ELIGIBLE FOR INPUT CREDIT OR NOT?

IF ELIGIBLE PLEASE PROVIDE THE SECTION

My client under KVAT had paid VAT of Rs.4500 when Intelligence Authorities visited shop. also compounding penalty of Rs.3000 paid. Now the case has been selected by the Audit wing of VAT authorities and proposing to levy penalty to the extent of upto 5 times of Rs.4500. kindly advice whether this is justice and legally holds good. I heard there is case in Karnataka High court : Burmaiah vs. Karnataka Govt. Kindly let me know.

Dear Sir,

We are purchasing software subscription which are taxed with Service Tax. Since we do not have the service tax registration and we have only Karnataka VAT registration, how would we account service tax purchases and where to show in VAT return.

And we also sell those service taxed products.

Please let us know hot account these transactions under Karnataka VAT.

Thanks & Regards,
Ramesh

Dear All

There is Rule 4A in Goa VAT Rules, which gives formula for determination of sale price in respect of Works Contract. Similar to various other States VAT Laws, it gives specific rates of adhoc deduction from gross turnover in respect of various types of works contracts.

But surprisingly, Goa VAT Rules do not speak of any thing about deductions on actual basis or deduction in accordance with principles laid down in Apex Court Jugdement in the case of Ganon Dunkerleys regarding deduction from gross turnover to arrive at taxable value.

Kindly Comment.