We have made a sale to chennai party in the month of Aug.2013. Now the party is denying to give the C form and tell us that they are ready to pay the Tax, that arrived for calcualtion of C form. My question is whether the Interest is to be calculated from the date of sale till 31/03/2014 or only the Tax amount has to be collected from the party. Please suggest?. Thanks

Respected experts, I want to know that if input tax credit for VAT on mobile n telephone purchase is available for trader/manufacturer in delhi as capital goods or not or it is included in the negative list of capital goods.

Can a company avail vat credit on LPG used in their mfg process & canteen, both?

I am based Delhi,I have a supplier in Gujarat, I get stocks by c form and I am reselling to other states .

Now I want to change my base to Gujarat to logistics benifits.

If my suppliers bills me locally by vat and I resell to other states i have a additional cost of vat in Gujarat .

Is there any other way I can get billed other than VAT.

what is vat reconciliation? and how to do this in excel sheet.please let me know with proper example

I have a query how to calculate VAT in case of Subsidy.
For example, Mr.A is purchasing goods worth rs.1,00,000 by paying CST. He has received subsidy from state government for the said transaction for rs.30,000. He sells goods to intra state registered dealer. Whether he should charge VAT on Rs.1,00,000 and then give credit note for the subsidized amount i.e. Rs.30,000. Or he can Net off the amount and can charge VAT on Rs.70,000(1,00,000-30,000)?

Please, Assist for the same.

Regards,
Vijeta

Hello,
We are dealing in E-Commerce business. We have a process of generating the invoices electronically. Presently in our brand we are maintaining two types of invoices- Tax invoice and Retail Invoice. These both invoices are generated within the same series. Suppose my first 100 invoices contains first 15 invoices of Tax then 16 & 17 Invoice of Retail and again 18 & 19 invoice of Tax and so on. Now i wanted to knw that do we need to maintain different series for Tax invoices and Retail invoices.

Dear Sir,
I am Trading in footwear Products and i got some order from Rajasthan, so how Can i Bill the party my item is of 299 mrp and in rajasthan upto 499 mrp its tax free in footwear products , how to bill / or make invoice to patry do i need to pay the local vat tax of 4% + addvat 1 % generating out of gujarat sale bill as Rajasthan is tax free upto 499 mrp
Or i can issue him tax free ( bill without Vat ) to him
Please help

Sir,
Please give me aformat of sale patti in respect of consignment sales

Dear Friends

We are interior designers and architects.

Recently we got our own office constructed in Mumbai.

Can we take VAT input on various capital items used in our office viz: furniture fixtures, computers, UPS, gensets, lifts etc

Thanks in advance.