I want to know that suppose I have issued sales bill of Rs. 10000/- and charged 12.5% mvat i.e Rs. 1250. But at the time of payment customer has only paid Rs. 9500/- and he has not returned the original bill also. In such situation can I reduce the original bill by making discount entry and can it possible to reverse the vat on such amt.

HELLO SIR,

PLEASE SUGGEST ME THE PROCEDURE TO CHANGE THE ADDRESS IN SSI REGISTRATION CERTIFICATE.

ITS URGENT SIR!!!!!

can a chartered accountant holding full time c.o.p.and not associated with any firm(neither as a partner or a sole proprietor) sign vat audit report in his own name?

Dear sir,

we make one invoice 150000 after 4 days we cancelled and again made invoice with different number to same party 170000 in this transaction is there any problem with sales tax dept

This jurisdiction is in delhi

Sir,

please tell me how much is the fees for registration for Vat in case of the dealer whose turnover exceeds the limit of Rs. 5 lcas and has to registered himself mandatory.

can we claim wct in the current year,if it was deducted in the previous financial year?

Hello

I have booked a flat in bangalore. The total amount of the flat comes 45.8(basic cost 40+ car parking - 2, other charges(elec,water etc) - 3.8)
Now builder is asking the vat+ service tax as follows
service tax - 4.8*total cost(45.8)
vat - 5*total cost

Is it correct? he told me that it is according to composit scheme. Also should he charge vat+st on elec+water charges..

Thanks
Amit

Whether vat is apllicable even if Occupation certificate(OC) is received?
Refer some case study..

Dear Sir,

I have clarification and to be cleared from your end. Please note down the following,

'A'-Karnataka is the Purchaser and would like to buy the goods from 'B' Maharastra (Seller) and to be sold to 'C'-Maharastra (Final Customer).

My clarification is given below,

1) 'B' is not ready to issue Form 'C' hence the 'A' is in Karnataka. Orelse 'B' will be charging as Full CST Tax (5% or 12.5%)

2) In this case, if they charge local tax of Maharastra, is it okey and its wrong

Best Regards
Naresh

dear all,

i received material in april 2012, (20 nos. invoices,) the bill date was march 2012.

i showed it in balance sheet in purchase group with

purchase in transit
credit the party account.

and same shown in closing stock.

please tell is it the right way..