If a company purchases goods @ 4 % vat and transfer such goods to its branch at some other state(branch transer) against form'F' and branch further sells the goods..In this case what shall be the tax scenario as it is in the case of reversal & how the credit of tax will be utilized??

If we purchase goods @ 4% vat than we transfer such goods to our branch at other state(branch transfer) against 'f' form and than branch sells the goods...In this case what shall the tax liabilty such as it is in reversal & how this credit of vat will be utilized??

How to Surrender Vat Registration certificate and claim for deposit which was initially paid during Vat Registration.I Reqire this under Gujarat VAT Registration.

dear sir/madam,

Mr.A is a register dealer in Tamilanadu, he purchased goods @5% with in the state, and he sold with in state after some changes @0%(zero rate).
my query is- is he claim input credit on the goods purchase against his total output?

thanks & regards,

siva

Dear Sir,

I have a query I am working with a trading company which is working in garments sector it has retail showroom in Delhi, I am working with this company, we have Interstate purchase from Mumbai, kolkata,
there are some bills would be Ag. cst 1% or cst 2% why difference ?

please sir give Resolution

sir one more

we are liable to give c form AG.1%CST ?

can 'C' form be issued for capital goods ?

Dear sir,

Suppose the invoice shows the amount inclusive of all taxes then can we claim input tax of such invoice by bifurcation with amount.

Ex: Commodities Total amount 7500/-(inclusive of all taxes).

commodities (7500*5/100) = 7125=00
Tax @5% on commodities = 375=00
total = 7500=00

IS IT CORRECT ? AND CAN WE CLAIM INPUT TAX ?

PLEASE ADVISE US.

A company whose financial year ends on 30/09/2013 have sold goods of Rs. 10 crore to a client against form C .Sales tax has been charged and deposited to authorities .Now that client has returned the goods in the m/o of January 2014.

Now my query is what will be the treatment of tax charged and deposited against form c .and since the financial year of the company has been closed how this transaction of goods return will be shown in the books of accounts.Does it also make difference if the goods have been returned with in 6 month from sale and also if it is returned beyond six months of sale.

Thank you!

Dear All,

One of my client is having registered office in mumbai, it has purchased maize(exmpt under maharashtra vat) from Andra Pradesh through through dealer in AP and sold the same in Andra Pradesh through to company registered in Maharashtra, now I want to ask that while filling the return under MVAT whether turnover of above sales will be included in total turnover? If Yes, than under which head I will reduce the same from gross turnover as it is a exempted goods?

WE HAVE VAT RECEIVABLE OF CURRENT YEAR AND WE HAVE PURCHASTE GOODS FROM SOME OTHER STATE AND PAID CST ON THEM.. SO WE CAN CLAIM INPUT TAX CREDIT ON CST PAID OR NOT..UNDER MVAT..

THANKS IN ADV