Dear Sir

New dealer has voluntarily deposited Rs. 25000 under MVAT registration.

Now, can dealer set off this against the MVAT tax liability due in the first year or not ?

Please quote relevant circular reference for above.

Regards
Jatin Koradia

SIR,

i WANT TO KNOW ABOUT E1 FORM ?

Dear Sir

i am wrk in trading co, our company is transfer stock delhi warehouse to kolkata warehouse, so i want just clarify vat implication, and process of stock transfer under delhi vat..

HI,

My client has taken voluntary registration of MVAT & Cst. He has not crossed 5lac turnover limit.It means there is no need to pay tax amt.But where can we show that tax amt in return form?

Please help me

I have paid dvat insteat of central sales tax,please tell me apropriat solution.

Dear Sir,

My company is a Retail Chain Company(Jaipur) like Big bazzar, we Both sales Taxable Items & Ontaxable Items,

Purchases a Capital Goods(AC) from Mumbai for Rs. 10 Lack

Please tell me this taxable at 2 % (under CST ) or 12.5 % Normal Rates

we can issued "C" form for This Transation


Thanks & Regards

MK

assessee bought goods from farmer without voucher, but he sold the goods with voucher & pays tax.did he get refund? how to disclose this fact to department

Dear All

We are UP Based MFG. Co.

1). we sales our goods in UP to NON registered party against sales inv. and charged full tax@14%.

2). We also sales our goods out of UP (Central) to Registered and Non Registered party at Full CST@14%.

my questioned is .

can we adjusted Tax against Sales in UP and same with central.

if yes then in online 24form Excel format where we will mentioned it

reply soon it urgent for December sales return.

Sir, we are purchasing some materials of worth rs. 1 crores. weighing of 100tons.

the material is delivered on different dates in separate vehicles each 20 tons.

now my doubt is while generating E-waybill (Andhra Pradesh)what is the value of goods to be mentioned there.
is it proportionate value of 20 tons or value of 100 tons

satish makam
98666 76361

Provision of Gujarat VAT Act, 2003 Sec.3(1)(iii) - Incidence of Tax is as under:

"Subject to the provisions of this Act, every dealer whose total turnover and taxable turnover in any year first exceed the thresholds of turnover (i.e. Total turnover exceeds Five lacs and Taxable turnover exceeds Ten thousand), shall be liable to pay tax in accordance with the provisions of this Act."

Does the word in above provision "in any year first exceed" mean that the exemption limit of Threshold turnover will be available every year to the dealer, means at the beginning of each financial year dealer will be allowed exemption from collecting and paying VAT up to the threshold limit. Or it means that in any preceding year, if turnover of dealer exceed the threshold limit then he will have to collect and pay VAT and no any exemption of threshold limit will be allowed in next financial years.

And what will be the fate of the input tax paid on the stock lying on the date, when the dealer will become liable to collect and pay VAT as per Sec.3(1)(iii).