Hi,
A concern have IEC Code and sales tax & VAT No. and is working now as garment exporter. They wants to start import plywood from China, can it possible by same IEC and Sales Tax & Vat No. ?
what is the rate of sales Tax & VAT on import and sale in Delhi?
Please suggest me terms, conditions & procedure for import of plywood from China.

Please reply urgently, Thanks.

wht will the treatment if the owner is placing order from delhi to purchase raw material in punjab, mfg in punjab and sale is being made in haryana

Actually I Want to know about Monthly/Quarterly/yearly obligation under Haryana VAT Department.
Please tell about Dates of filling of return, deposit of Taxes, Submission of C forms etc. and what kind of forms we have to submit/deposit during the Financial year in HVAT under VAT/CST Act.

What is the tax implication when an imported machinery originally brought in on lease terms later on bought by the lessee from the lessor-owner who executes a purchase agreement and delivery note from abroad?

Dear All

My companies vat return applicability is monthly and as per vat audit there is differecne in about 7 to 8 returns so please advise for how to file a revised return as per vat audit, can i file one single revised return in the month of march putting all the figures of full year in march.

Dear Friends,
I am working in a Gujarat based pharmaceutical company. We are going to sale our excess asset of 'iron cupboard' in the market. I want to know :
1) Shall VAT be charged on the sale of this asset?
2) If yes. Then at what % shall be charged?

Sir,

Whether the input tax paid on the materials used for two different jobs can be claimed for as input tax credit under VAT?

My query is relating to a newspaper making industry where the input tax paid on materials (such as ink, paper, ribbon etc) used for printing newspapers (primary) and the same materials when used for printing any other journals (secondary) can be claimed as input tax credit?

Please suggest me any case laws, circulars or notifications relating to this aspect. Also, suggest me a method to differentiate (proportion of the materials)used in the two jobs.

We are registered dealer under Punjab Vat Act.We are purchasing Formic acid from Gujarat party.After collecting order from our customers,for passing cenvat credit to ultimate buyer,in the bill raised by the party name of the ultimate buyer is also placed by the Gujarat Party in the column consignee and in the column sold to our name is mentioned.LR is being prepared in the name of ultimate buyer,means that it is case of predetermined sale by transfer of documents of title of document.Please refer to case law of A& G Projects also which creates another comlication.
Another query is that we have a private limited company and a partnership company both the directors in the company as well as partners in the firm are same(Both Husban and Wife only;).Vat and CST Registration of both the entities are different.
but address of both the concerns are same and one only.
Now due to some practical problems we are purchasing material from Gujarat in partnership firm and effecting sale in transit without any magin to our another company at the same address.
Querty is that is it possible to effect sale in transit between two related parties having one and single address where partners and directors are same.
So.can any authority whether income tax department or sale tax department prove that as the directors and partners in both entities are same and address is also same and even no margin is added in the subsequent sale.Transcation of subsequent sale is fictitious in nature and used as a tool only to avoid or evade tax.
Futher is to possible to endorse a LR/GR to own address as both the entities are having same address.

Sir,


Software company having export turnover (Software) exceeds 40 Lacs, fully exempted from VAT. Weather VAT audit under Karnataka VAT Act is applicable to this company?

HOW TO REVISED RETURN
IF IN APRIL REVISED VAT PAYABLE 170000
AFTER PAYMENT OF135000
BAL PAYABLE 35000

BUT IN MAY - MARCH 2010 , OVERALL REFUND OF39000 . HOW TO ADJUST?????

NOT TO PAY 35000 , HOW TO ADJUST APRIL LIABLITY AGAINST REFUND OF 2009-10
IS IT CORRECT ????????????? PLZ SUGGEST