Dear Sir,
We are using tally erp 9 , in the invenotry book we purchase and inter different stock and sales in diffrent name, when time to Stock reconcilation we fine that some items in negative and some items in possitive so can we change inveroty name after sent invoice to customer it is possible


Please Reply

Thanks & Regards

Kushkant
9899226330

Sir,
Which dealer have to file audit report u/s e704 of Maharastar VAT Act.Dealers who have gross turnover is less than Rs.6000000.00 required ti file audit report

Dear Experts,
My client has bought capital goods (ceiling machine) on this month. My Q is whether they can claim 50% input credit or 100% input credit? please clarify. Please let me know some more details if wants.

I am based at Delhi and have received a purchase order from Company A (in UP) for supply of goods to Company B (also in UP). The Invoice by me will be raised on Company A. In this case can the Form 38 be given by Company B? Will it be in order if the form 38 given by Company B is accompanied by an Invoice issued by me on Company A. Company A & B are associates but different Companies.
Will appreciate if relevant case Law or Rule is also quoted while replying the above.

Dear Experts, We are in Bangalore and made sales to Party in Tumkur (it is also in Karnataka state). He told us to issue form 'H' against sales we made. Please clarify I am confusing whether it attracts VAT or Nil against form ' H' Thanks in advance.

A newly incorporated firm is engaged in design & printing of flex hoardings for its clients.The firm purchases the Material.( Its expected annual turnover is around 40 Lac's.)
Works done by firm
a)purchase material,Make design & print Flexboards and hand over them to the clients.

b)Apart from the above also arrange the prepared hoardings at the required site as per client request.

1.Does the firm need to take VAT Registration or service Tax Registration.?

2. What are the Tax rate to be applied on the invoice in respective conditions?

3. How to the record the proceedings

Please help me

Hi Every one i want to know about Work and contract tax. like on which kind of transaction or assessee this tax is applicable. and how to compute it and in DVAT 16 return form it is shown for taking input so how can we claim input in case of WCT in DVAT 16 form. and Give a suitable example to compute WCT tax considering an interior decorator company want to compute its wct..??

I’m selling some items on which I must allow Cash Discount (CD) to few buyers. Now I want to ask whether the amount of VAT to be charged under MVAT should either before deducting Cash Discount or after deducting Cash Discount.



Cost 100.00
- CD @5% 5.00
------
95.00
+ Add : VAT @5% 4.75
------
99.75

Or

Cost 100.00
+ Add : VAT @5% 5.00
------
105.00
- CD @5% 5.25
------
99.75

Which is the correct way?

If possible also explain the logic and justify the selection.

Does it will make any difference if Trade Discount is also there?

dear sir, i am working in pvt firm i forgot to file the rate wise detail of closing stock now i have received FORM DVAT-24A FROM D-VAT OFFICE TO DEPOSIT RS. 10000 AS PENALTY FOR NOT FILLING THE ABOVE MENTIONED DETAIL IN TIME, I AM IN DEEP TROUBLE AS MY OWNER GOING TO DEDUCT THIS AMOUNT FROM MY SALARY.CAN THIS PENALTY REVERSED OR CAN I FILE APPEAL AGAINST IT AND HOW TO FILE CAN ANYONE BAIL ME OUT KINDLY GIVE YOUR ADVICE URGENTLY. THANK

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=603085

Dear Kindly Let me know about following Questions

1)Please Provide me the list of Items with Tax Rates on which Entry Tax is levied?

2)Whether Entry Tax is applicable if we purchase Goods against "C" or "H" Form?

3) Can we eligible to take Credit of Entry Tax against Output Tax?

4)How we can pay Entry Ta? (i.e as Gujarat Vat Tax or Sales Tax)


Request you all to resolve above quarries @ the earliest....