Dear Expert,

We are a Trading concern based in Bangalore , trading in Textile materials and machines .

In 2009-10 we had imported Textile machines outside bangalore (in New Delhi and Mumbai)

We do not have any branch in New Delhi and Mumbai.

The machines were imported in our Bangalore address but machines came at New Delhi / Mumbai Customs as our customers were based in Ludhiana / Mumbai

We cleared the machines from the respctive customs at New Delhi / Mumbai

Raised a CST invoice @ 2% against Form C
and sold the same to the customers at New DElhi / Mumbai

Our Address in the invoice was Bangalore Address as we do not have any branch in New Delhi / Mumbai

We rasied the invoice on the same day the machines were cleared from New Delhi / Mumbai customs

The machines were taken delivery by the customers themself at New Delhi / Mumbai

As the machines were imported at places outside KArnataka (ie New Delhi /Mumbai) and sold outside karnataka (Ludhiana / Mumbai) we did not pay Karnataka Entry Tax

Now Sales tx audit department has asked us to produce the books of accounts for 2009 -10

They are saying that the machines will attract entry tax

So my question is

Does these machine imports (Outside karnataka)and Sales (Outside Karnataka) attracts entry tax ?

We have all the proof that the machines landed at customs outside karnataka and also the sales invoice that it has been sold outside karnataka

Is these documents enough or does any other documents required ?

We do not any LR Copy for transport of machines from respective customs (Delhi / Mumbai) to customer place as the delivery of goods from customs were taken by the customer themself

Kindly advice

Regards

Subramanian
Bangalore

Dear Sirs Help me out,


consider the following illustration and suggest the apt answer

Mr X is a sports dealer in Hyd
Mr.Y is a supplier in Mumbai

x receives goods from Y pays CST and sells it to z(dealer in Jaipur Rajasthan)

Now the problem is x want to deliver the goods directly from Y to Z under his invoice and he is ready to pay VAT and forgo margin if necessary suggest the procedure and solution

I want to know whether there is any ceiling limit for purchase from an unregister dealer. In our company we are following a daily ceiling limit of 40000 and yearly ceiling limit of 10 lakhs with a particular unregister dealer. Is this the correct ceiling limit for bought note purchases. For your kind information we are dealing with Lead Scraps and we are in Tamil Nadu

Dear Experts,

Pl. let me know :(1) what is the CST Rate (Against C Form) for the product having HSN Code No 711319, i.e., Gold Studded Ornaments ?
(2) What is the Full CST Rate ( In absence of C Form, i.e., full CST Rate ) for the product having HSN Code No. 711319, i.e., Gold Studded Ornaments ?
Thanks in advance.

anckoora

R/ALL

A VERY GOOD MORNING

PLEASE TELL ME ABOUT THE CURRENT TAX RATE AGAINST THE FOLLOWING

TAX RATE
LP1 -------------------- ?
LP2 -------------------- ?
LP3 -------------------- ?
LP4 -------------------- ?
LP5 -------------------- ?
LP6 -------------------- ?
LP7 -------------------- ?

Thease goods are auto accessories (spare parts of car, santro, sumo etc.) state- Haryana

THANKS IN ADVANCE
BIJENDER

Dear all
I need your suggestion on the following asap:
My company ABC Ltd which started its operation in the last year(2010-2011) made its sale invoice in excel since its inception. However in the current financial year(2011-12) it changed its format and now bills are generated through tally since Oct,2011.Is my company is in default in doing this. is there any penal provisions that are liable on this.vat & CST is charged on the sales.

As per karnataka 2003 KVAT act, it is very clear that WCT/VAT has to be deducted by a Government Undertaking Body on payable value of contract.
However in one of our turnkey project which was awarded by one of Karnataka Government Electrical Distribution Company during financial year 2007-08,no deductions were made in our bills till as late as october 2011. Hence being dealer we have complied and already remitted VAT/WCT based on turnover every assessment yea. Now the Distribution company is stating that as it had not deducted any WCT /VAT from 2007 to 2011 in our bills it will deducted from final bills now present with them.

1) As we have finished our VAT assesment till 2011 March, can they deduct VAT for previous financial year transaction?

2) If deductions are done know for entire project value know, then payment made by me already as VAT/WCT for project turnover will be additional loss /burden?

How to procees in the matter?

A & Co., of Hyderabad is in the business of Laptop sales. It purchased 10 laptops from D & Co., of Chennai for Rs. 4,02,000/- including CST @5%(Rs.19,143) Now A & Co., sold these laptops to P & Co.,Hyderabad for Rs. 4,32,000/- including VAT @5% (Rs.20,568). My question is how to consider VAT in this case? Please advise. thanx in advance.

Sir/mam, Is Dvat applicable when sale is made to a unregistered dealer outside delhi?

can we set off input vat against output vat and cst in haryana state...???