Sakshi
This Query has 1 replies

This Query has 1 replies

19 April 2012 at 00:50

New vat provisions relating to timber

Recently as per the VAT Act of Madhya Pradesh, the timber has been shifted from the Schedule III to the Part III A of Schedule II.

Can anybody tell me about the new tax provisions applicable on timber now?

Also what are the rebates available to the timber merchants?

Provisions and rates for entry tax on sale of such timber to people from different states?


RAVI PATEL
This Query has 3 replies

This Query has 3 replies

18 April 2012 at 19:17

Vat audit

If an entity having Total Turnover not less than Rs. 1 crore and Taxable Turnover having Rs. 20 Lacs, then it must required to get audited its books of accounts for VAT Audit.

My question is that whether both conditions are required to be satisfied ???

If any entity having turnover more than 15 crore but the same products fully exempt from Vat then in that case whether it is required to do Vat Audit?????

Its in Gujarat State



Anonymous
This Query has 1 replies

This Query has 1 replies

18 April 2012 at 18:51

Wrong issuance of c forms

Dear All,

We are registered dealer in Karnataka. We have purchased Granite Blokcs from Tamil nadu and in our VAT Registration Certificate there is no such item mentioned. We are not eligible to issue C Forms for that Granite Blocks but we have issued C Forms wrongly to the party.

What are the remidies to overcome this issue.

Please i request all to resolve my issue


Rohit Kumar Gupta
This Query has 1 replies

This Query has 1 replies

18 April 2012 at 18:47

Debit and credit note.

kindly clear the concept of debit note and credit note.....i am quite confused.....


Mohini
This Query has 2 replies

This Query has 2 replies

18 April 2012 at 15:36

Mvat working

dear sir
i am doing 1st time mvat working so kindly tell me how to do working in excel format for the period oct 11 to march 12.



Anonymous
This Query has 3 replies

This Query has 3 replies

Which details are to submit in Mvat return
as per notifications of SaLES TAX DEPT



Anonymous
This Query has 2 replies

This Query has 2 replies

17 April 2012 at 16:42

Vat credit to beauty parlour

Hello sir/Madam,
I want to know
whether a beauty parlour can avail VAT Credit on raw material purchased from local dealer against the vat charged on the products sold by the parlour.



Anonymous
This Query has 1 replies

This Query has 1 replies

Which details are to submit in Mvat return
as per notifications of SaLES TAX DEPT


Rajakumar
This Query has 2 replies

This Query has 2 replies

17 April 2012 at 11:59

For fixed asset

Dear sir's,

if brought capital goods how can i account in tally and avail vat

and how will show in fixed asset ledger,

kindly guide me

Regards
Rajakumar.R


khadiza
This Query has 1 replies

This Query has 1 replies

17 April 2012 at 11:51

Vat rate in gujarat

Can any body please inform me the VAT rate/Local sales tax rate in gujarat. I have searched thru many sites including the gujarat commercial tax site but i did not get any info. HELP!!!






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