Dear Sir,

We are dealing in sale / purchase of readymade garments. We made only local sale & purchase from interstate. can we are liable for audit under section 59(2) of dvat act or not. We have not applied any refund in our return. Can u plz send me a copy of reply against this notice

While filing M-VAT audit report form 704, In Annexure J-1,the sale of some dealers was shown in Local sale to Non TIN Holders due to non availability of VAT Tin at that time.

Some dealers have mentioned wrong TIN in their J-2 and hence there is sale suppression, for this we can do followup with that particular dealer and can ask him to rectify his J-2.

But in the cases where the sale is shown in Non TIN holders column then how to rectify J-1, because in Annexure J-1 the minus figures are not accepted and if we put VAT TIN of dealer and show sale against that without making reduction of that much amount in the column " Local sales to Non TIN Holders" then unnecessary sale will increase.

So can any one provide solution to correct J-1 by reducing the amount shown in the column " Local sales to Non TIN Holders"

Dear Sir, Whether VAT on Fixed Asset(Truck purchase for delivery of Goods) total credit available in the same year in which asset is purchase in MVAT Act?

Read more at: https://www.caclubindia.com/experts/credit-of-vat-on-fixed-asset-995295.asp#

Sir,

Whether we will get Special rebate for the whole amount of tax paid on Unregistered purchase ?

Or can we claim the amount in any other period or in the month of purchase itself ?

Can any one give me the brief description regarding Special rebate and how it will be passed through financials.

Sir, How to decide nature of business as Manufacturing or Works Contractor. If there is any criteria to differentiate between this two. please help. thanks..

I registered dealer under GST under composition scheme. my certificate issued date is 15/08/2017 .my question is while filing Gst return in the month of October.whether I had to show sale from July or from date of registration under GST. another question is whether I had to file tran 1 return as there was stock in hand .but iam dealing in sarees so there is no vat at that time

Sir/Mam,
please let me know that whether WCT is applicable on work of cable laying. Contractor is doing the work of digging and laying of cable and all type of materials are being supplied by our company itself.
if WCT is applicable or if WCT is not applicable, you are requested to quote the section along with your answer please.

Thanks & Regards
Amit Kumar Verma
9414001427

If Tax invoice issue in USD to local customer then How to calculate vat on that

Hi sir/mam,
i have to revise my DVAT return for the april to june 2017 qtr with increasing sales value which will create liability to pay output tax, should i just normally go to DVAT & deposit required tax & revise the return as still there is option on the website to do the same. Or do i need to make any treatment of above in GST other than mentioning it in GSTR-1 as turnover of previous quarter.

D/SIR
DUE TO PREVIOUS YEAR LOSS
OUR VAT CARRY FORWARD AMT IS MORE THAN
OUR JUNE-17 CLOSING STOCK'S VAT TOTAL AMT
PLS GUIDE FOR SUBITION TRANS-1 IN GST.
NOW WHAT CAN I DO.
PLS GUIDE ME.