I have following query.
Because of internal problem of system, CST charged to the customer is in some cases 3% and in some case it is charged at 5%. This happened in the month of Jan 2011, march 2011 and June 2011.
So my query is what is risk in this and now what should be done?
Please reply urgently.

CAN ANYONE TELL ME PLEASE WHEN TO ISSUE C-FORM ? AFTER THE DATE OF INVOICE MADE BY THE SELLER OR BEFORE ? IF IT IS AFTER THE INVOICE DATE THEN HOW WILL ONE KNOWS THAT BUYER WILL ISSUE C- FORM?

if we take 900000/- as a construction line bisiness in this case registration is compulasory? & what is rate applicable for that?

Sir,
I want to know the possible remdy for c form is issued from the party but misplaced in seller office after c form collected from the purchaser. what are the possible way to solve this problem.

Please help me in filing following rows :

1. What to write in Duration of Contract? Shall we Write Duration of Contract in To Date Column as Contract will be going on for 3 years.

2. In Particulars of Running Bills What to Write?

3. What to Write in Composition Amount? Is it Tax Amount or Sale Bill Amount?

pls suggest me when can we take vat input credit in our book whether on invoice date or payment date.

In a composite contract for supply + Installation in the state of Uttrakhand, (Uttrakhand Value added tax act 2005), do we need to deduct WCT although we have opted for supply against CST. If we seperate our contract to Supply and Installation each, will we be deducting WCT on Installation Payment as it comes under Erection commmissioning Installation and Repair etc as mentioned in Uttrakhand VAT 2005 WCT

Hi,

My friend has bought Television and Fridge from a shop in Bangalore . They have charged VAT at the rate of 14% on the bill. But they have not mentioned as VAT, but simply added the amount (14%) without mentioning anything in the Bill and when he enquired they told that it is 14% VAT.

Dear experts kindly let me know whether the amount charged by them as VAT is the correct percentage ?


Thanks in Advance

Sir,

I have recently obtained an registration of VAT / CST for my new private limited company, I was allotted the CST and VAT TIN number on 16-6-11, I have not made any sales last month for the tenure of 16-6-11 to 30-6-11.

I would want to understand whether do i have to file any return for No/ Nil sales too.I belong to the state of Tamil Nadu and city being Chennai

Kindly advise

how to show the purhcases in vat return as invoiced in june and actual received on july either it may be stock transfer or purchase