Dear Sir,

I have vat registration in April-2013 under Karnataka vat and i get the online user id & password in July month after completion all documents.

Kindly suggest me I am filling the vat return from April-13 onwards or Since July-2013.
and what is the penalty amount?.

Regards
Sunil Kumar

can we take input credit on purchase of consumables, spares like bearings, bolts.......and is it necessary they are to be used during production process ,if it is a seasonal manufacturing establishment

After how many year i can claim(refund),unutilise vat credit.

Guar Purchased is Exempt.

Guar Giri which is processed from Guar is also exempt.

But if Guar Giri Powder is made through Guar Giri, Then it will be exempt or not.if not what will be tax rate under Haryana VAT.

As per schedule Guar Flour is exempt, can we say guar Giri Powder as Guar Flour.

Thanks in Advance....

Hello,

If a dealer pays vat on job work, can he claim input credit for the same? And what is the tds deduction procedure in these transactions.

Works Contract T clarification Hello! we have executed an order for the supply of electrical switchboard and installation. the supply and service has happened from Bangalore to SEZ in Chennai.the customer has deducted 5% as WCT. we were earlier not informed of this. my query is 1. if we have supplied from Karnataka, is the customer allowed to deduct? 2. The supply invoice and service invoice are separately submitted. can they deduct on the complete purchase order value? 3.Is such deduction of WCT refundable under the I.T. act? Pl reply. Bhavesh Mehta

what if a company in Gwalior(MP) purchases raw from both inside MP & Outside MP so on which purchases it has to pay entry tax and on what not to pay.

IN UP VAT does we have to pay VAT on marginal discounts given in invoice.Supposing a discount of 250 on invoice of 45000.

I have a client, which made a contract with his Supplier for delivery of certain goods. Contract says that Out of 100 Goods, supplier will sell 5 goods Free of Cost.
Now, Supplier Raised the Sale bill amounting to Rs 59 Lacs (only for Excise Duty Purposes). They have not charged any CST on the same since value is nil. It is also written there that Basic Value Free of Cost.
I would like to know that whether Entry Tax is payable on the same or not. If payable then on what amount?

Hello,

We were liable to pay Rs. 0 VAT and some amount for CST in the quarter ending March '13.

We have payed the CST (have a challan for this), but the filing was not done for VAT or CST.

Are we liable to pay a penalty? If so, how much is the penalty?

Thanks.