dear all
we are trading co. and we purchase two item seprate-2 item is elbow and bullet as per P.O we sales these item in the name of elbow with bullet (One item) Can we do so? any Tax Liability applicable except Vat? It's most Urgent Thnaks

consignor deliver the material to consignee located in sez unit should be exempt from central sales tax ?

I want to know more about how to apply TAN no under DVAT for deduction WCT TDS. What document/Fees required to be submitted alongwith the application form

WHILE FILING OF ONLINE ORIGNAL RETURN (DVAT - 16 & FORM 1) OF DECEMBER 2010,

WRONG PERIOD I.E. MARCH, 2006 WAS WRITTEN

AND SUBSEQUENTLY CORRECT ORIGINAL RETURN OF CORRECT PERIOD WAS FILED AND SUBMITTED TO DEPARTMENT,

MY QUERY IS

1) WHAT WILL HAPPEN TO RETURN FILED WITH WRONG PERIOD WHILE ASSESSMENT OF F. Y. 2005-06 HAS ALREADY BEEN COMPLETED 1 YEAR BEFORE ?

FURTHER THE WRONG RETURN IS NOT SUBMITTED TO DEPARTMENT TILL NOW

2)IS THERE ANY PENALTY PROVISIONS IN THAT CASE AND WHAT ARE THE REMEDIAL ACTION TO BE TAKEN TO PREVENT THE CLIENT FROM MISHAPPING RESULTING FROM THAT ERROR?


THANKS IN ADVANCE

Dear Sir / Madam,
We are engaged in industrial projects in India.
Please see the table below:

A- 'B's supplier in Mumbai-Maharashtra
B- Our company in Chennai-Tamilnadu
C- Buyer in Vadodara - Gujarat
D- End user in Rajasthan

1.A will supply material directly to D as consignee but will be billed to B under 'E1' transaction.

2.B will bill to C and C will bill to D.

In this case, who are the persons to issue "C" forms and who is to issue "E1" form. Please Clarify.

Thanks & Regards
T.Ram Mohan, Chennai

The Question regarding CST credit
e.g. Vat @15% On Purchase 15000 + CST @2% Paid on Purchase 3000 = 18000
Vat @15% on Sales 20000
--------------------------
Vat payable is 2000

Is this calculation is true?

Exports of taxable goods to Nepal will this be treated as exports? Bill of lading will be an LR and the money received will be in INR.
Matter is urgent

DIFFERENCE BETWEEN VAT AND CST MEANING AND WITH ONE EXAMPLE

Thanks

our Co. is in Mumbai,We are doing a job in Gujarat, in customer factory, we are billing the customer from Mumbai and charging CST, We are purchasing the material from various state and sending directly to the site.

My Query is whether we have to issue Form C to the Suppliers of various state from Maharashtra or what is the procedure

We have purchased raw material in Maharashtra state for export against "H Form" and our vat registration is under mahrastra sale tax. please let me know should this purchase show as Interstate purchase or within the state purchase of taxable goods which are fully exempted in tax u/s 8 but not covered under section 8(1)in MVAT 231 Form?