This Query has 1 replies
What is the use of E Sugam and when it is applicable?
This Query has 1 replies
As we have claimed refund from MAh. VAT Dept. since we have exported goods via merchant exporter and now officer wants the foreign buyer P.O. but that our merchant exporter has told us that they cant give this P.O. to us as its their business secreacy and even they used to take many orders via email or verbal
1.so still the dept.'s rules are of old times? and
2.how i can convience officer by showing the rules or any amendments or notification regarding this matter?
3. Does the tax applicable on sale of car by proprietor?
4. as on purchase of car tax rebate is not available?
This Query has 3 replies
sir,
i want to know how to registered in vat & registration form is filled manual or electronic
This Query has 4 replies
dear experts,
my query is that whether we can issue C form to seller who sent us material at free of Cost, but we will pay him Excise duty and shall avail credit of same?
This Query has 4 replies
What is the VAT rate for Books under Karnataka VAT?
This Query has 1 replies
Dear Expert,
I am an a dealer who purchases Packed TALLY ERP 9 Softwares from a Tally authorised distributer and sells it to retail clients/customers by providing customization and annual subscription services.When I purchase software from my distributer he loads 5 % VAT on the bill and accordingly he issues the Invoice. Until now Tally used to provide/sell the products to small sub dealers which do not have Service Tax registration numbers,however recently Tally made it mandatory for the sub-dealers to get registered for Service Tax.
I had formed my Proprietor Business from June 2009 and since then my turnover has not crossed Rs5-8 lacs. However this year ie FY 2013-2014 it is expected to breach Rs 10 lacs.
How should I deal with the billing part.
1) Should I go for VAT registration and charge VAT to my customers along with Service tax of 12 %?
This year I registered for Service Tax on 01-02-2013 and accordingly I filed a ST3 Return for the Period October - March 2013 even though my turnover did not cross the limit in the last FY ie 2012-2013.
But I had loaded Srvice Tax on all my bills from the date of Registration of Service Tax.
Was it ok if I had not filed the return and claimed an exemption limit for Rs 10 Lacs as it was not crossing Rs 10 Lacs.
2)Should I charge VAT only or Service Tax only for sell of Tally Licences or should I levy both the taxes from the ultimate consumer?
3)In case of rendering services for providing Annual maintenance Contract or for Renewing subscriptions on annual basis, should I load service tax on the bill or I should not charge any tax on the same?
Will that amount to me paying the ultimate liablity of Service tax in my half yearly return of income?
4) I claimed an input credit of Service tax on purchases from Authorized Tally partners. Can I also claim VAT credit because I am making purchases and thereby paying VAT however I am not taking any input credit on VAT for my output services.
Please give me some clarity on this issue.
Please suggest me an appropriate course of action for my business.
Thanking you
This Query has 2 replies
is TIN no remains same if one company merge with other company?
This Query has 5 replies
Dear Sir,
[1] . As per TN-VAT Which are the goods falling under exempted sales & Zero rated sales
This Query has 2 replies
Hi Sir,
My Name is Ajit Jha
i am working in IT Sector
Question
We have purchased a consumable material from a registered dealer (TAX Invoice) for AMC and we have registered in Vat and Service tax my problem is that we have claim input in our DVAT Return
This Query has 3 replies
Is it possible to file a revised vat return for a particular month , if already filed revised return of that month ?, if it not possible waht is the procedure to to rectify the mistake happened in the revised vat return.
Vat applicable to the State is Andhra Pradesh.
Regards
Chowdeswara Reddy.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
E sugam