what is difference between zero vat rate & exempt vat rate?

Party 'a' supplies goods from Andhra Pradesh to Party 'b' in Maharashtra where party 'a' will charges 2% CST against C Form to Party 'B'.
Party 'b' receives purchase order from party 'c' two days after dispatch date of party 'a' to party 'b'. subsequently party 'b' acknowledge the receipt from party 'a' on the documents & diverts the goods to party 'c' as sale in transit. in this case party 'a' will provide E-1 form to party 'b'and party 'b' will provide Form C to Party 'a'
Party 'b' will bill to party 'c' inclusive of CST partly in Rajasthan and Partly in Tamilnadu against form C to be issued by party 'c' to party 'b' from both this state separtely provided party 'c' is registered in both states under sales tax. under sales tax

Can anyone please guide me what is Purchase tax?
On what all items it needs to be paid and at what rate?
If it is paid, can the set off be done.

Hi,

Can anyone please help me with the procedure to apply 'I' form under CST?

Thanks
Shrikant

Please tell us the procedure to issue form 'F' in case of stock transfer to another state?

I am from State of Maharashtra and my branch is in Kolkata

i made interstate sale at 2% to customer of amount rs 50000 and tax there on 1000 in the year 2010-11 but unfortunately i did not get c forms from my customer.the state vat rate is 5%

Now incometax authority wants c forms details online ,

my question is how i submit remaining 3% vat rs 1500 which is due failure in submitting c form ?

Dear all,

We have imported machinery and it is not shown in monthly vat return. Now Sales tax enforcement have asked us to bring the invoices and bill of entry for cross verification. In the company the earlier accounts staff who was handling was of the opinion that Imported machinery are exempted from sales tax hence not shown in the return. Now kindly advice how to handle the enforcement officer and consequences to be faced for not showing the import in the return.

Thanking you,

N.Nagarajan
Palani, Tamilnadu,
Mobile NO: 9442594927

Please provide me vat rate on shoes shop keeper

Please tell us the prevailing rates of VAT for Coffee & Tea made by Vending Machines at the Hospitals.

Dear Professionals,
Please consider the case: A person dealing in Textile goods and registered under VAT Law of respective state. He is collecting VAT on normal sale and depositing the same to Govt.
Now, he sold a capital Good (e.g. Furniture). Whether he would be liable to charge VAT on sale of capital good or can sale without charging VAT on such sale. Please answer who has practical exposure, do not answer on the basis of theoretical knowledge. Thanks in Advance...