Dear Sir,

We are in Hotel Business and having Lodging and Boarding.
01. we are collected Luxury Tax on Room Tariff @5% and same to be paid to CTO.

02. our Quentin is Luxury Tax to be Collected on Service Tax and Guest Laundry (We have not any Laundry Equipment) Charges or Not?

Kindly Advice The Same.

Regards

V. Satyanarayana
Guntur

If i am an unregistered dealer as per vat rules, whether my name shall be shown while preparing vat return by my registered supplier

sir,
here one pvt ltd company selling goods to a trust at a discounted rate say 40%..if we sell rs.1000 goods after discount sales will b 600 .whether we have to calculate vat on 600 or 1000 rs? if there is any fixed rate is prescribed for giving discount at a certain rate or we can give any percent of discount on sales..so please kindly clarify doubts regarding this thank u

Dear All
Can we take input tax credit of Stock Transfer suppose that we have purchase goods form delhi registered dealer Rs 1000 + 5% vat and same was transfer out side of state can we take tax credit of such purchase?

MY ACTO(ASSISTANT COMMERCIAL TAX OFFICER) DEMANDS BOOKS OF ACCOUNTS WHENEVER HE COMES TO MY OFFICE.CAN I MAKE COMPLAIN AGAINST HIM TO HIGHER AUTHORITIES FOR DEMANDING MONEY FROM ME.

i am working in petrol pump accountant.
my question is how can i monthly vat in tally for sales.
how can i shortage petrol in tally
replay me sir

WHAT IS THE CONCEPT OF WCT ? HOW IT IS TO BE COMPUTED ? HOW IS IT RELATED TO VAT & SERVICE TAX ?

if a proprietor has transferred his stock to his newly formed company, whether vat set off is available to such newly formed company without invoice being raised by the former.

I AM REGISTERED UNDER WB VAT ACT HAVING PROPRIETORSHIP FIRM.MY ACCOUNTS ARE NOT KEPT IN MY OFFICE AS THOSE ARE KEPT IN ACCOUNTANTS OFFICE GIVEN ON CONTRACT BASIS. SALES TAX INSPECTORS DEMAND ACCOUNTS IMMEDIATELY ON THEIR VISITS TO MY OFFICE. I WANT TO KNOW WHAT ARE THEIR POWERS AND WHETHER THEY CAN INSPECT MY ACCOUNTS.IF I FAIL TO PRODUCE ACCOUNTS WHAT THEY CAN DO. CAN I GET TIME FOR PRESENTATION OF MY ACCOUNTS.

One of my client is running a Medical Store and wish to get registered under MVAT.

My query is that when is compulsary registration attracted?

Is it when the sales exceeds 4 Lakhs or even if purchases exceed 4 lacs a dealer is liable to get registered??
And in such case the registration can be done without paying the deposit of Rs 25000.


Kindly Guide.



THANK YOU!