ABC LTD is a construction company. ABC LTD has a branch in WEST BENGAL , JHARKHAND , ODISHA . ABC LTD got works contract job from Larsen & Toubro ltd in Jharkhand and material supply job from Tata Steel Ltd in jharkhand. For works contract job ,to purchase the material from outside state ABC LTD use the own waybill and for material supply job , to purchase the material from outside state ABC LTD use the waybill of TATA STEEL LTD. Both the above purchase are CST purchase. Please inform me , which CST purchase to be consider in Jharkhand vat Return.

Respected Experts

This refers to works contract taken by father in Maharashtra (contractor who is a registered sales tax dealer.)

Contractor undertakes civil construction projects of making buildings for BSNL & CPWD and in all cases, the flats after construction are not sold as they are made like quarters for the use of CPWD & BSNL employees.

Agents cum Principal contractor BSNL & CPWD deduct TDS @ 2% from the bills on the taxable turnover and issue certificates…All these assessments of work done relate to period 1993 to 2000.

Now after so many years, sales tax authorities impose assessment orders running into several crores & they use their own mechanics to calculate and charge tax @ 10- 15% with penalty on turnover.

My basic query is “government contractors” have already got tax deducted at source from BSNL & CPWD, so why are we again burdened.

Can sales tax re-burden us with taxes? Why should the burden not be put on BSNL / CPWD..They are the principal contractors, hence they should be made answerable too.

For us it is the works contract act or do we need to follow new MVAT Act & pay burden on our ownselves. But BSNL & CPWD consider government construction contracts as “works contract” & not under VAT???

Please assist with your valuable input.
Thankyou

Hello,

Q:We have branch in Guj want to close that branch.in that brach we have some Assets like F&F,Computer,office equipment etc,
We want to sale them,so staff of that branch agree to purchase all the assets,in lieu of their salary.
My Query is that "is it call sale and made a tax invoice,if yes what is rate of vat in Guj.

Thanks and regards,

Manish

hello sir
i am a ambuja cement agency holder
can you guide me about the tax liability which i have to file both vat and income tax.
and the procedure to file vat and income tax
. i have doubt about the ledger which i receive every month frm ambuja about the monthly transaction and consumption , there vat amount is already added, so do i have 2 again pay the vat , kindly guide me where to pay vat and how to calculate vat on my monthly product , also do i have to pay monthly or yearly ..

As per development agreement some flats allotted to me & i would like to know that, who will liable to pay VAT & Service tax on these flats sale? (Developer or land owner)

in which cases we can issue c form for party in case of manufacturing????

Dear Experts,

What is the form 32B of Directors under Karnataka VAT registration.

We are going for registration under Karnataka VAT act is it mandatory to produce that form

Best Regards
Aditya

we purchased a car in our company and sold out after 5 years. we did not claim input tax credit on car so my question is that whether out put tax is chargable on sale and if yes then input tax credit is available that has been paid on purchase...

Hi,

I HAVE FILED MVAT RETURN ( ORIGINAL ) WITHIN PRESCRIBED TIME LIMIT ON HALF YEARLY BASIS in 2009-10.Due to some corrections i had revised the return.NOW again I WANT TO REVISE THE SAME. SO PLEASE PROVIDE ME TIME LIMIT FOR THE REVISE RETURN & How many times we can revise the return?

THANKING YOU

OUR MANUFACTURING UNIT IS UNDER CONSTRUCTION ,LOCATED AT LUCKNOW ,U.P.. WE ARE DOING PURCHASES SUCH AS BUILDING MATERIALS, PLANT & MACHINERY, INSTALLATION ITEMS &EXPENSES FOR PLANT &MACHINERY ETC. ALL SUPPLIERS AS ABOVE MATERIALS ARE BEING CHARGED OUTPUT VAT ON THEIR INVOICES.THEY ALL AND OUR COMPANY ARE REGISTERED UNDER U.P.VAT DEPARTMENT.

ARE WE ENTILE TO AVAIL INPUT VAT UNDER CAPITAL GOODS EXPENDITURE.

PLEASE CLEARFY IT.

VINAY KALE