Dear Sir,
Our company has sold a old car without raising sale bill.car is not registered in RC of sale tax.

In this case we need to raise sale bill to purchaser.

Dear Sir, We are transacting old furniture i.e; selling existing fixture and furnitures to another company in as in where state. Is it liable for VAT?

If not, please read follow up scenario. We have already charged the other party VAT in this transaction. Is it mandatory for us to deposit it to VAT Department or we just keep the taxed amount with us and book as part of sale of furniture etc or return to the party in good faith? What if we just keep the tax amount against any future liability and do not deposit with VAT?

We are worried about the liability hence VAT is charged in first place.

Please advise.

warranty parts replaced by the dealer and claim from his company
In this case it took nearly 2 months to get the receipt or parts from the company to the dealer?
Here the question is ..
1. did warranty parts are treated as Sale ?
2. If it is a sale should the dealer pay vat for the warranty parts replaced?
3. what is the accounting treatment please explain????
Urgent.....

A company registered in september would it require to file a vat return considering it has not yet started its business?
If it has to file than can it file a zero return?
And if it has to file then what will be due date?
Please reply....
Thanx in advance...

Will there be any impact on VAT-Input or VAT-Output on Cash Discounts received or allowed... and can we classify Freight charges on purchases to purchase under stock items with other goods bought

please let me know how to calculate VAT liability in case composite scheme (Works Contract)

A company who is in the busines of construction of residential complex has started a project which is under progress.

The company has started booking flats for the same.People are booking the flats under agreement.
Is MVAT laible to the company? Is the company liable to collect VAT on the bookings recieved for the flats.? if yes? at what rate?

Please Guide

Our company purchase goods against c form CST @2% and without C form CST@ 4%, and both goods sale within west bengal means VAT charge, can i adjust cst input both 2% and 4% with VAT payable, plz give details of adjustment as soon as possible.

Under the Invoice Method of calculating VAT, the seller is supposed to denote VAT separately to arrive at the aggregate selling price.

But then how are the VAT invoices prepared under:

1) Addition Method
2) Subtraction Method

Please enlighten.
Thanks.

Hi

I have completed B.Com. Final Exemination and working in a tax consultant firm since long back.

can i practice my self under the assam Vat Act. if yes the plz suggest me the procedure