RESPECTED ALL MEMBERS

MY QUERY IS REALTED WITH SECTION 8 (3) OF THE CST ACT REGARDING THE USE OF C FORM.

I AM CONDUCTING THE AUDIT OF A HOTEL AND IN THE COURSE OF AUDIT I FOUND THAT THEY ARE PURCHASING GUEST ROOM AMENTIES( NOT FOR THE PURPOSE OF RESALE), LINEN AND HSD(HIGH SPEED DIESEL)FOR THE PURPOSE OF COOLING PLANT USED FOR GUEST ROOMS AGAINST C FORM.MY QUESTION IS WHETEHER:
1. THE HOTEL CAN PURCHASE THESE PRODUCTS AGAINST C FORM
2. IS THERE ANY CASE LAW AVAILABLE TO SUPPORT THE ANSWER.


REGARDS

CA SAURABH AGARWAL

Sir,

1)My querry is that whether the eligible input vat credit of one division can be clubbed with another divsion of same company?
2)Can the company take the eligible input vat credit for the year,partly on consolidated(all the divisons)basis and partly on the individual(only one division) basis?

Hello frns my query is regarding DVAT return.
If sales made 24.06.11 and it is returned on 13.07.11 then for return purpose this return is to be considered for which month for the month of june or july.and what will be the case if the sales is returned after filing the DVAT return.

Plz share your views.Our company files monthly DVAT return.

we brought 2 Air conditioner machine for company in 1990, after put to use, we are planning to remove and resale the same, at the time of capitalisation we did't take input credit for the same.

Pls let us know this trancation to be charged Vat for resale

If chargible what is the rate of tax.. in Andhra Pradesh Value added Tax

when one trading company buy some stationery it's pay amount of bill which includes VAT, means company paid VAT
and when it sales goods, collect VAT

can company claim credit for VAT which is paid on purchase of stationery.

Here is a company, who are manufacturers and having turnover in India and also Export turnover.

Pl. confirm and advise, the VAT refund could be claimed on VAT submitting form W

in this case, how do we clasify the amount of purchases only for exports..!!

If any experts have the format in excell sheet please upload it

IS the TIN number allotted under CST and VAT is different??

Hi Sir,

I have read that, if a Small Scale industy has a turnover upto Rs.400 in preceeding year, than it shall be exempt from paying excise duty for a turnover upto Rs.150 Lakhs and excess over it shall be chargeable to excise duty.
It is also said that if SSI avails above exemption it will not be allowed CENVAT credit for inputs used.

Now my doubt is with regards to 2nd paragraph.
I want to know upto what limit SSI cannot get CENVAT CREDIT, if it avails the exemption.

(1) Is it upto the turnover of Rs.150 lakhs it cannot get CENVAT CREDIT ??
o

(2) Is it for the complete turnover it has in that particular year for which it cannot get CENVAT CREDIT ??

Dear All,
Please give me an information ,
purchase of any capital goods including INPUT vat adjust with output vat in west bengal.

Dear Sir/Madam,

In Form 1 for the new registration of VAT there is a column of Last Year & Current Year Sale to be filled up if no sale is possible without vat registration then What sale figure it is talking about.There is also a column of purchase like sale and I understand during purchase the input vat is to be paid. Please clarify the sale point.

Thanks & Regards