WE ARE MANUFACUTURER, OUR UNIT IS UNDER CONSTRUCTIONS AT LUCKNOW.ONE OF OUR SUPPLIERS,IS SUPPLYING RMC MIXURE FOR USING IN CONSTRUCTION.

WE ARE REGISTERED UNDER THE FOLLOWING AUTHORITIES,DEPARTMENTS.
a)CENTRAL EXCISE,b) UP VAT DEPTT, c)SERVICE TAX , d)TAN UNDER INCOME TAX .

BUT, WE HAVE NOT TO TAX DEDUCTION ACCOUNT NUMBER UNDER UP VAT DEPTT OR NOT APPLIED.

THIS SUPPLIER IS CHARGING VARIOUS TAXES IN HIS TAX INVOICE ( SUCH AS ,EXCISE DUTY @2%, UP VAT @12.5% AND ALSO TRANSPORTATION CHARGES)

OUR FIVE QUESTIONS ARE TO CONCERN THIS.

1)SHOULD WE DEDUCTED TDS @1% UNDER INCOME TAX ?
2)SHOULD WE DEDUCTED TDS @2% UNDER UP VAT ACT ?
3)SHOULD WE TAKEN IN PUT CREDIT UNDER EXCISE ?
4) SHOULD WE DEPOSITED SERVICE TAX ON TRANSPORTATION @12.36% ( AS CALCULATION (TRANSPORTATION LESS REBATE @75% = NET TRANSPORTATION ).

PLEASE CLEARFY.

THANKS

VINAY KALE

my client product cover under schedule A i.e.(manufacturing of rice). so state whether he is liable for mvat audit as manufacturing exempted goods i.e.0% vat.

I work at Jewellery Industry.
In jewellery Vat rate is 1%.

If I sell outside Maharashtra against C Form, & I dont get C Form, is there any differential tax liability at the time of business audit ???

As per my knowledge, rate charged is even below 2% which is supposed to be charged in case of C Form in other industries.


So there is no need of C Form where Local rate itself is below 2%.


Kindly clear ???

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. THANKS

Hello Sir/Madam,
Our client has mentioned under 'commodities dealth in" in the applicationf or TIN as RO/UV Water filters. Now he wishes to expand his business by dealing in other home appliances as well. Is this ultravires the KVAT Act? Or should he apply for a new TIN to deal in a different set of commodities? Kindly provide me with a response.
Thanks in advance.

To,

Dear All

We are purchasing material from authorized dealer of Reliance, after the excise duty he add the freight charges and levy the VAT on total, now my question is that whether to show freight separately or include it in the net purchase amount.

Thanking you

Please clarify on the above subject. In case the ITC Vat is admissible, is there any notification for this.

i have 3 questions
1).A builder who registered under K VAT law as a works contractor & opted to pay composite tax i want to know wether advance payment received against sale of flat is taxable or not ?
2.) If the sale agreement is divided in two agreements
a) for sale of undivided share of land
b) for construction on land then what is liability under KVAT?
3) the same builder is not yet registerd under service tax is he liable for service tax on the said above transactions?
:) guide me

Sir/ Madam,

One of our client has not received C form for the F.Y.2008-09 and has received VAT Assessment Notice for the same period. The STO has told us to pay interest on the differential liability till date and 100% penalty u/s.29(c).But we are not getting any information related to the above section.

Kindly reply to the query as soon as possible.

Dear sir,

Our company is Pvt. Ltd. Employee Professional Tax for FY-2011.12 is Rs.12025/- paid in nov.2012

but till date we have not file e return.
kindly advice me....what is last date of filling return & panelty ?
can we file e return now ?

Thanks...

Regards,

Rajendra