Hi
I want to know the Composition Rate of Vat and Service Tax applicable in fy 2012-13.

can anyone tell me whether this is true if form f is issued for stock trf then input credit available = vat paid - 2% cst

exemption of 5lacs /10 lacs as per state law is available, so if sales is 25 lacs then whether VAT will chargeable on whole amt or 20lacs

Sir,

we have manufactured a plant, for this we have purchase tmt from interstate party, Sir, i want to know we can purchase steel from that party agst. c form (agst. cst rate 2%) is this possible.

Vimal kumar
09357694511

We are paying VAT at 5%, being restaurants having discounted rate. As we are paying at discounted rate can we avail set off of Gas cylinders? This is the abated rate of VAT i.e. 5%, so can we take set off of Gas cylinders on this VAT paid?

we manufactured a product i.e. CHALK POWDER by mixing MARBLE WEST SLURRY(80%), MULTANI MITTI(10%) & CHAINA CLAY (10%).


so please tell to us that such product will be exempt or not ?

if a sale invoice contains octroi - on which value vat is applicable ? -
on total value of sales (excluding octroi)
or
vat is levied on invoice amount (inclusive of octroi)

Dear Experts
As per MAHAVAT Rule(The period for return of goods and refund of deposits for the purposes of clauses (32) and (33) of section 2 shall be six months from the date of the purchase or, as the case may be, the sale.) if goods sold are returned within six months then VAT on original sales entry is also reversed. But what entry to be passed when goods are returned after 6 months

if we paid lease rent including vat than tds will be deducting including vat or excluding vat?

if a partnership firm has already registered in VAT and thereafter firm is taken over by PVT. Ltd. Co.. Is any CST number is required to Pvt Ltd Co. or it can do business with old CST No. aquired from partnership firm ?