Dear Sir,

Kindly let me know whether VAT Input on Capital Goods allowed to Traders or not.

If yes then please tell me claim procedure(No. of Instalments etc.) for the same under TNVAT.

Thanks & Regards,
Arvind Aggarwal(CWA)

We are the manufacturer of carpet fabric of car interiros and we are getting the fabric materials from our mother plant gujarat which is declared as exempted goods there and our query is while submitting vat 100 returns where we have show that goods either in stock transfer or exempted goods purhcase column

Today i was doing a company's tax audit and i noticed a journal entry which was as follows:-
VAT Tax Payable A/c Dr.
To Income a/c

So i asked my senior about the same and he replied that it happens when people want to save or get rid of tax liability..

Please suggest whether the accountant was correct in passing such a journal entry..
Thanx in advance!

We send our product through “Branch Transfer” to various States. Previously our product is not excisable. So we give Form “F”on “Net Realisable” price. But from 13th. March’11 our product is excisable. So we pay Excise Duty when our product despatch from the Factory Gate. When we Sale we recover the Excise amount from the dealers. My Question is in what price we will issue Form “F” whether it is inclusive or Exclusive of Excise Duty.

Dear All
i want to know the procedure for applying duplicate c- forms
Actually we applied from c- from and duly received but after that it got misplaced .

Further we are situated in Andhra Predesh .

Thanks

1.Hai friends. online marketing marketing survey realted is applicble for under ap vat or only service tax?

2.vat is applicable for online marketing any business like systms sale and booking online purchae and sales.?

VAT rate on pacemaker in Bihar is 5% effective from 01.04.2011.WE are selling our pace makers in jharkhand at the rate of CST@4%.
Is it correct rate or we should charge cst @ of vat rate of bihar

Dear sir,
We are in karantaka,we are establishing Steel Plant. So We Purchased structural steel from interstate against C- form for Structural work. Is structural steel is elegable to issue C- form by us or Not. Pls advice us.

K. Ravi Prakash
09611511167

Whether it is mandatory to pay lease tax in maharastra on 2 years back transaction in which service tax is allready paid...?

Dear Sir,

Kindly tell me if a company deals in software business..shall it levy VAT & Service Tax both on the invoice or Just VAT/CST ?