IF A BUSINESS MAN HAS PAID EXCESS AMT OF VAT ... SHOULD THE EXCESS AMT BE DEBITED TO P&L???? IF NOT THAN WHAT WILL WE DO OF THE EXCESS AMOUNT???
PLZ CLEAR IT
THANK U

One my client that is a Assam State Govt. Ltd. Company who deducts VAT from their Contractors and for that which Registration No. they should obtain to deposit VAT or file returns ?
The also purchase materials from outside Assam for their projects and for that they need (i) Road Permit and (ii) C-Form.
So, kindly suggest me what Registration & to obtain all these in details plz as early as possible.
As I visited Sales Tax Office today where they suggested me to obtain TAN No. (for whom only VAT deducted from their Contractors & deposited).

Dear sir,

in case of old assets like furniture and vehicles sold at kolkata branch and received amount at corporate office bank account (account no same in for all over india branches )in andhra pradesh. in this case shall vat is applicable and how , my doubt is weather we have to pay kolkata sales tax office or in andhra pradesh

A Company has made an invoice(Not the Tax Invoice) which includes the VAT Component. Since The Invoice is system generated, Due to system's default Invoice did not contains the word 'Tax Invoice'.Now Buyer is making an issue that because of word 'Tax Invoice' is not mentioned in the bill he can not be able to claim Input Credit, and the accounting software does not have an option to reverse the invoice and make a fresh invoice because entry was posted in March 2011 and audit of the same has been done. Is that the Option "we can 'add' the word Tax before the Invoice and affix a stamp or seal of the company to convert normal invoice into tax invoice.'

Our company an manufacturing govt organisatation and located in Bangalore.We have ordered for stationary material ( pre printed comp paper) to be consumed in-house.The supplier is located in Hyderbad(AP).

While supplying the dealer had invoiced at 5% VAT along with e- Waybill.

Pl confirm whether it is Ok. Or we have to change the invoice as ST at 2 % as we can issue C-form.

Hi, We will be buying stock from Haryana against "C" form for our Ghaziabad (U.P.) sales office. CST appliable on this transcation is 2%. We will be selling entire stock charging 5% VAT in Uttar Pradesh.
Is there 5% VAT loss (input/output) to our company while selling this stock at 5% VAT in UP?

Please confirm..

Dear Experts,

I am applying for VAT registration under Maharashtra state. Since i am a supplier for multiple products, I am not sure what to choose in the commodity list of the online VAT form.
Kindly clarify me the following:
1. is it mandatory to choose a commodity in VAT for registration ?

2. if yes, shall i be bound to sell only those commodities that i have selected in VAT registration ?

3. what if i sell some products that i do not have registered during VAT application ?

One more query is regarding Dealer verification. is there any way to find the list of all TIN of the dealers for a specific commodity (say- computer peripherals)

Thank you.

Ajoy

I want know about goods return,
within six month goods return I can take input, but after six month goods return, I cant take input but where show this amount in vat return
please reply

Dear Sir / Madam,

I had booked a flat in Mumbai suburbs thane dist in 2009 and the agreement was done in April 2010, after that in OCT 2011 MY BUILDER SEND ME A NOTICE TO PAY VAT WITH INTEREST OF 18% PER year, Kindly suggest my status and what should be paid by me.
i HAVE PAID THIS MONTH.

Doing business in interior decorator. Supposed to collect service tax as well as VAT Tax in Maharashtra. 60 % material and 40 % service component.
My question is that
( 1 ) Which tax ( ST or VAT ) is to be levied first ? ( ST or VAT )
( 2 ) If ST first on service component then should one calculate VAT on Service Tax ?
( 3 ) Whether VAT tax is to be calculated on service component in Maharashtra ? i.e. on 40 %.