sir/madam i give one entry for a in this entry party,vat creadit and payment how to take entry

We have a client firm which trades in commodities like Cotton seed, oilcake, Jeera,etc. Sales price in respect of all these commodities has remained lower than the purchase price throughout the F.Y. 2011-12. Their VAT consultant has stated that ITC on such items will be disallowed due to above-mentioned reason, hence they have not claimed it.

Whether this is correct with context to VAT law?

Dear Sir
One of my client(from Delhi) Local Purchase at 5% and same goods transfer against F form to Central Branch (Rajesthan).
now i want to know that can 5 % refund from Department will allow to me or any liabilities will aries on me.

Dear all,

What is the time limit of taking sales returns - is it 30 days/ 60 days or 6 months.

Regarding Karnataka VAT.

Where I can see the Act/ Rules regarding same.

Any Fiancial yera limit is there?

We have sale returns w r t sale of 27th March 2012. Is it OK?

Regards
Anil

can anybody tell me which commodities can be shown as URD purchases in VAT act karnataka

We have imported A Mining Equipments in 2010.But we haven't take any Sales Tax Reg as it was meant for Service.As the plan not matured we want to dispose the Machine.As it is a occational sales and we have not CST Reg.Can we sell it without charging Sales Tax ?
In that case whether buyer will face any problem ?

A Datta

I want to know, one of my client is eligible to register under DVAT, but he normally sold goods on cash, and most of the goods purchase on bills, he is waiting for GST to come, Whether he should register now or waiting for GST to come ??

A firm's HO is in Mumbai and its production unit is in Tirupur(Tamil Nadu). Inputs are bought Mumbai and manufactured in Tirupur. most of the goods are sold from Tirupur and only few of them are sold from Mumbai. There are 3 questions I want to ask:
1. Manufacturing in another state and selling by HO amounts to branch transfer?
2. if yes, Can branch transfer be done twice, i.e. once from mumbai to tirupur and second from tirupur to mumbai?
3. If i consider 1st branch transfer and then sold as CST sales, will it be profitable??

Our concern is a small scale unit. We taking input credit in TNVAT. But only 25% of input amount was used. Because we are selling 75% to interstate only. So, how to claim this unused input credit amounts which is showing balance in accounts. kindly guide me.

Jothi

If we received H form from dept. and further we want to use such goods for domestic purpose so what will I do to use such goods for domestic purpose. for what purpose J form is used?