Hello Experts,

Need your Advice on the following:

We have a Pvt. Ltd. Company, wherein we file Six-Monthly VAT Returns. But, somehow we have not filed VAT Return for the Period 01-04-2012 To 30-09-2012. The Sales & Purchase Figures for this Period is NIL.

What is the Penalty for Filing Late Return ?

Dear Expert,

I am running proprietory business in mumbai, i had obtained PTRC no. in the month of dec,13.

currently i have not yet employed any staff, so there is no liability of PTRC on me.

Is it require to file Nil PTRC return for the FY13-14??

duration for filing PTRC return is monthly or yearly in case of 1st year of registration????

Pls. reply

Thanks

Whether it is compulsary to pay M vat monthly or we can pay it Quertrtly or Six monthly also. Please tell me.

Hi,
One of my client got/applied late for MVAT registration number but he collected VAT on sales on prior to registration. I just want to know Is he/it need to file MVAT return for the period when he/it was not registered? or what is the treatment of the above case.

We are exporting gold. We aré buying gold from nominated agencies from scotia bank. Under EXIM policy hey have not charged any sales tax on condition we should export the gold within 3 months . We transfer the goods to Kerala Kochin Sez unit (our branch ) and export . whether Purchase tax is to be collected for this.

My Co has snack bars in Passpot Seva Kendras where we sell various food items & Food merchandise. We should charge which Tax from the consumer? VAT or Service Tax?? If I charge service Tax than at what % & can I claim credit for the same??

We are a steel manufacturing Company in kolkata..

We have our new client at Andaman & Nicobars Islands. I want to know regarding what kind of taxes would be levied in respect of sales made to them..

what procedure we have to follow in order we dont face any difficulties..


Please guide urgently..

we are manufactures of paper chemicals in Andhra Pradesh. we received material from Jammu & Kashmir which we placed order as inclusive of freight. Now we would like to issue 'C' form for Basic Value of Material plus Central Excise Duty charged thereon only though freight is also paid to supplier in view of the definition of sale price of CST Act, 1956.

Please advise keeping in view of the latest legal status/judgements in this regard.

I have firm which has 2 branches one in Maharashtra and other in Haryana. We import goods at Mumbai port and our supplies are to all over India. We also have warehouse near Mumbai. Maharashtra has 5% VAT and Haryana is tax free for the item in question. My questions. 1. Can we raise invoice for the party in Maharashtra from the firm in Haryana and supply goods? What will be tax implications in Maharashtra and Haryana? 2. Can we directly transport or transfer goods to other parts of India from Maharashtra without taking goods to Haryana and raise local sale invoice from Haryana? 3. Do we need to pay 2% CST on sales generated from Haryana branch for goods supplied to other parts of India under CST act as Haryana is tax free? 4.What will be tax implications if party doesn't provides C or F forms to Haryana branch? Please give justification with relevant provisions and departmental certification.

Sir, i am ca ipc student not in training ,but one of my relating going to form a company for his footwear business, he will purchase material frm 1 state and sell in other state but H.O will be in u.p ,sir wat is the procedure of tax for him. Vat or cst ,is there any tax which he have to pay to u.p govt.
Thanks in advance