Is there any rule defined in the Central Sales Tax act delhi vat, that for which amount, C form has to be issued.We need the defination as mentioned in the rules.Some parties charges basic value + CST + freight.Sales Tax authorities are giving c form for basic value only,whether it is correct ,because parties are demanding C form for full value including cst amount, freight etc.

which item can v treat it as a purchase or sale and to submit vat returns/cst returns. suppose i purchased stationery. this is treat as expenditure. tell me exact which transaction is to be taken into sale/purchase.

Dear Sir,

Earlier CST was 4 % agst. C Form. In absence of C Form, CST was 10%. Then govt. reduced CST 4 % periodically and at present it is 1 % agst C Form. Now, my question is if party says to charge full CST as it is unable to issue me C Form. In this case, what is the full rate of CST (in absence of C Form) that we should charge ? Is it still 10% CST (in absence of C Form) ? Also let me know, at the time of assessment, if we do not provide to the dept. C Forms of some parties to whom we had sold and charged CST agst C Form. In this case, what sales tax officer will collect as balance CST amt from us ? Will he collect balance 9% CST ?
thanks.
anckoora

Dear Sir,
I am a traders of dispseble surgical items.
I purchased a surgical item[first time for trading purpose] and my purchaser told me that this item will come under 12.5%of VAT.and so i charged my client 12.5%.and collected the payment against delivery.when i recd.bill from my purchaser,he charged me VAT@5%instead of 12.5%and than he clarified me that sorry,this item comes under @5%of VAT.
So please tell me that i have done any offence?what is the procedure to return the amt.of difference to my client?
please reply me.

Our co at daman & office at mumbai our tin registration from daman when we purchase some material from mumbai then party charge 12.5% vat so how book this?

But E-return Annual Revise Option is not highlited

Dear All,
I have confusion about purchase entry of month ending that which date (Invoice date or MRN Date) we must be followed when entering purchase, if we are following Material Received date is it wrong for Tax Crediting?
For example when we purchase a material at 31/3/11 invoice date might be 31/03/11 but the same material receiving us on 03/04/11 so MRN Date will be 03/04/11., so my question is

1. How which date we must follow when we enter this invoice into accounts?

2. If we are following MRN (Material Receive note) date, is it wrong as per the rules of Income/ Vat/ CST Tax Act.?

3. If we are following MRN (Material Receive note) date, when we issued form C/F etc for quarter or year.

Can any one help me to solve this problem.

Thanking you
ANIL KUMAR JAIN
09873551230

We have placed an order to M/s.Auma Enterprises who is the manufacturer of actuator spres. In his quotation he has quoted ED@10.3% and CST@2%against C form.he has requested to prepare the Purchase order on his dealer's name M/s.Techmech India. Now Techmech india has submitted a proforma invoice by quoting vat 14.5% extra instead of CST@2%.Now my question is what is the applicable CST/VST rate in this case.

Sir,
Pls. guide me on the following :
A company is having 2 businesses under one Vat TIN. 1st Business is of restaurant under composition scheme and 2nd business is of retailer.
My querry is can the company claim the sett off of excess purchases tax paid of retail business against the VAT payable under Composition scheme of restaurant business.

Secondly whether 2 separate Vat returns are required to be filed or only Form No.233 is enough ?

Thanx & Regard
Milind

Dear All,
One of our client is a foreign company (A), recently established its India Private Limited Company (B). Now B was to import goods from A and sell it to local buyers here in India.

My question is - can B first get the goods imported and while the ship is in sea, enters into high see sales agreement with local buyer? Having done so, will VAT will be applicable. Are there any case laws or past precedents like such, of importing and effectively paying no VAT tax? Please share the information

Regards,
Rahul