I am a young business man in Trivandrum of age 21. I have started a partnership firm with 4 of my friends.We are the stockist of a new packaged drinking water company in trivandrum. being new to this field we are confused about the legal documentation procedures of sales. I wish you could give me a light on the below listed questions.

1)what are the essential documents(accounting books) to be kept in the office that are mandatory by law? Do this book have any specified format?

2)we have taken sales tax registration and have TIN number but we face this small difficulty. our parent company gives us the product for 10 rupees per bottle and we sell it for 15 rupees to the retailer. the parent company has said that they will pay the sales tax up to 10 rupees and the rest for 5 rupees only we have to pay. I have seen other firm bills who are parallel to us and they have shown full vat tax from 0 itself. So how can we build the bill?
Is it necessary to show the VAT tax figures in our bill?
Is there any specified format for the bill?

How to select applicable Schedule wile Filling up the form e-704?
Reply soon

i have big doubt that when buyer has issue C form,and it is one time or on every return has to issue the C form,please clear my query as soon as possible



thank you

I dint get exactly what composition scheme is!!!!!

EXPLAIN ME WHEN APPLICABLE SEC-194J ON DIRECTOR FEE

x ltd purchase goods from y ltd, both registered in dvat. x ltd take input credit on his pirchases nd accordingly file return but later on he come to know dat y ltd has not deposited vat amt on their behalf. so what will be the remedy for x ltd if any?

Can we issue Form ( c ) Agst Invoice issued by First stage dealer to us.

# invoice has heading " consignment sond in transit under rule 52 (a ) agst. form C."

Dear Sir

I have not filed income tax return for the A.Y 2013 - 14.Now I want to complete my VAT audit within 1 month.Will it create any problem in VAT audit without filing Income Tax Return?

if a person has collected more vat on sales but has not paid the same what is the treatment?

Dear Sir,

I belong to UP state and my pin code is 222165 situated at jaunpur district at machhalishahar taluka. i am going to open shop of cloth purchase from out of UP state and want to register under vat & cst but i don't know where i apply. so please help.

also suggest if any other certificate or registration required for it.

please help us