What if a dealer of Mumbai issues bill to a dealer in Karnataka and ships goods to his (Dealer of karnataka) client situated in Mumbai. What will be the VAT and CST implications? Also, what documents should be maintained? Also, what if the case goes vice versa i.e if a dealer of Mumbai issues bill to a dealer in mumbai and ships goods to his client situated in Karnataka. Thank you for helping !!!

1.I am new to practicing accounts
Please help me out with the query
As my customer like to go for cot and he also imports the goods from other state can he import if he has registered as cot
2 . what is the tax he need to pay quaterly if he has T.O. of 1000000
3. Does we has to calculate cot only on sales or we need to manage purchases also

HI

i have done one new registration for restaurant in VAT Act with approval of the dealers but now dealer requesting me change into cot, it s new registration still not submitted any returns. regarding this issue i have spoken to ACCT but he is asking us to wait till one year

please let me know whether it can be changed or not,
regards
padma

Hi,

I have a simple query. My firm is based in Bangalore only(no other branch/office). My Customer's firm is also also based in Bangalore only(no other branch/office).

He has received a PO wherein material must be supplied outside Karnataka, in UP to be precise. How do i go about the billing since i have to give him delivery of machines in UP.

what is rate of WCT in Delhi?

suppose I am registered dealer I sell my goods through Amazon I collect CST full rate from customer and I purchase good from local market pls note that both bills are retail bill it means I sell good to consumer and I purchase goods like customer than tell me and note that in my vat number my firm name machine tools and I sell mobile cover is there any issue for me to do that kind of activity .

Employer has deposited Tax of Employees, now Annual Return PTRC of III is to be uploaded,but the employer forget Password and Registration details at www.mahavat.gov.in
How it is recovered ?
What is alternate solution for annual Return upload without Login Password?

My client has small jewellery shop in maharashtra. His sale of gold for F.Y.14-15 was Rs.5,86,000 and labour charges received were Rs.4,40,000. So his total sale was Rs.10,26,000. Vat officer says he was liable in F.Y.14-15 to take compulsory vat registration. Is it correct ?

If he is correct then what are the fines & penalty my client have to pay?

Hi Sir,
I am one of the trustee member of the Trust Virutcham running at Madurai and have clarification in Tax view and kindly clarify the matter which help to start our new initiative.

.We planned to start up consumer product sale initiative program for the blind and handicapped people and we encourage them to sale and earn their money and we will buy at whole sale and plan to distribute to them for their individual sales.

Is this bound to sales and Income Tax?.Is there any exemption available?.Please guide.

Thanking You!

Hi,

I'm setting up a showroom to sell optical products. Can I claim input tax credit for VAT paid on the following items which I have installed in my showroom

a. Floor/Wall Tiles
b. Air conditioners
c. Lights and electrical fittings
d. Computer/Laptop/Billing systems
e. Furniture and fixtures
f. Eye testing equipment