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Anonymous
This Query has 3 replies

This Query has 3 replies

31 March 2012 at 12:01

Vat setoff

A proprietorship business engaged in sales & installation of irrigation material. They purchased machinery for installation Rs. 15 Lacks from gujrat. Sales dealer add CST @2% in invoice. They can take setoff of CST paid on capital assets in vat return.



Anonymous
This Query has 2 replies

This Query has 2 replies

30 March 2012 at 22:48

Limit for vat

As i am Trader Residing in Karnataka i Want To Know the Limit For Registration of VAT in Karnataka..Thankq in Advance


Lalit Tank
This Query has 1 replies

This Query has 1 replies

Sir, I want to know know that whether to Registration under VAT is compulsory for Kerosine Dealer or Not???



Anonymous
This Query has 3 replies

This Query has 3 replies

30 March 2012 at 15:17

Tax liability

SIR
PLEASE CONFIRM ME IF WE PURCHASE FROM A PARTY AND PAID VAT ON SAME BUT THE SELLER DID NOT DEPOSITED THE TAX IN DEPARTMENT AND EVENTUALLY WE FOUND THAT SELLER WAS FRAUD IN THAT CASE WHO WILL LIABLE TO PAY VAT AMOUNT

I M AWAITING FOR UR REPLY

THANKS

MUKESH KUMAR


prem
This Query has 1 replies

This Query has 1 replies

30 March 2012 at 12:42

Goods sold against c and e form

Dear Sir
I am dealer of delhi. I purchased a goods from pune(mumbai) and sold it in punjab.Pune dealer billed to me and shiped to punjab party's and I billed to punjab party.But transporter deliver that goods directly to punjab.Than pls. suggest me that who will give me C form and who will give me e form.
Note:I purchased and sales goods against C form. So i will provide C form to pune party. Pls. give me answer in details.
Thanks & Regards



Anonymous
This Query has 1 replies

This Query has 1 replies

30 March 2012 at 12:40

Vat rate in delhi item wise

Dear sir,

Please tell me that how to know the rate of VAT on particular item, suppose water purifier (without electricity). Can I know the rate of VAT item wise for Delhi? if so, then please provide it for current year.

Prashant.
EmailID: pk.dl.ca@gmail.com
Mob. 9958918439


Practicing CA
This Query has 1 replies

This Query has 1 replies

29 March 2012 at 19:11

Mvat registration

An Individual assessee, carrying 2 separate Proprietary concerns (one is providing export services) has not crossed minimum turnover limit in case of any of proprietary concern, while calculating MVAT registration limit the turnover should include both firms collective turnover or separate? Also how will he apply for MVAT Registration for both proprietor firms or for one firm (when both are under one PAN). Please help???


Kunaal
This Query has 1 replies

This Query has 1 replies

29 March 2012 at 14:27

Treatment of vat

Dear Sir,

We deal in Coated Textile Fabric(Rexines). Earlier this item was exempted from tax throughout India.

Now different states have placed different rates of VAT tax on it.

I purchase the material from uttarakhand. It is taxable in that state @5%. But is exempted in Karnataka, where i'm located and sell the material.

Please inform what should i do. Do i need to start charging vat at time of sale. if yes at what rate, 5% or 14%


vinodh
This Query has 3 replies

This Query has 3 replies

29 March 2012 at 10:57

Vat & cst refunds!

Hi Sir,

I have an query regarding CST and VAT(Tamil nadu), Well i buy goods from seller with paid VAT tax with regard to that while i sale the same product to the customer i need to pay Full VAT again or i need to pay difference amount only.

And another thing while i sale goods to other state i charge CST and paid to sales tax well i get any refunds from that paid tax without C Form.

Hope all your favour.


shabbir
This Query has 2 replies

This Query has 2 replies

29 March 2012 at 10:39

Vat on invoices

Hello,

Let a product Net Price be Rs. 90 after deducting discount of Rs. 10.

- Whether Vat is calculated on Rs. 100 or on Rs. 90






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