What is the treatment under karnataka valued added tax act 2003 regarding goods which is purchased by paying vat given to end users free of cost.does it amounts to sale, pls explain and how can we account it in vat 100.

Please clarify me the following queries in relation to applicability of karnataka VAT on Export oriented units
1) whether registration is required?
2)VAT included in purchase of goods is exempt or company has to pay ?
3) as there is only export sale , what is treatment for input tax ( on purchase in local)
Thanks in advance

An authorized service station of car provide service to customer, but the spare parts which are replaced under warranty provided free of cost to customer and the same is recovered from the supplier
Further supplier has been returned only the cost of the part not the selling price

whether sales tax will charge to supplier on recovery amount

Also i want to know what tax planning we can do to save the tax
can we show as agent and principal transaction

Please Reply soon

Dear Sir,

I didn't yet filed Form 20 for financial year 2009-10 which was absolutely NIL.

So my question is if i am going to file now is there any penalty for nil return ???

Kindly suggest .....

Thanks,
Krishna

What is the vat rate in Maharashtra for Electric Oven ?

Dear All,

We are selling printing labels in Gujarat and at All India Level.

I want to ask VAT/CST should be taken on which price ? I am explaining as under :

Sales Price is Rs.100
Add : Delivery Chgs Rs. 20
Add : Minimum Chg. Rs. 10
Total Rs.130

Rate of VAT 4%
My question is as under :
Righnow I am charging 4% VAT on Rs.130/- but some of my clients asking for not to charge VAT on Delivery Charges as well as Minimu Charges.

What is your opinion or suggestion in this matter ?

Regards

Aashish Patel

hello sir

i want to know about vat audit , e-filling and vat audit report form etc...

plz tell me about the basic and vat audit form, format etc.. and how to e-filling...

GUJARAT VAT

Dear Experts,

A Company had done a Erection, Painting and Sheeting Work. It had paid Service Tax as well as VAT on the Gross Value (without any break up of Supply of Goods & Supply of Services). What can be the Various Implications of such Payment?

Dear Sir,

I am from Vizag, A.P, working in a manufacturing company. Our company converted from private limited to public limited company. Just company name was changed from pvt. ltd to Limited. There is no any other changes except name.

We approached sales tax office by surrendering old VAT & CST registration certificates to issue new registration certificate on same TIN number.

That Sales tax persons said that it is not possible to issue new RC on same TIN number, asked to surrender old RC and to apply for New Registration Certificate on the new name ..Limited. Due to that our TIN number also will change.

My doubt is that sales tax officer view is correct or not. Is it compulsory to take New Registration Certificate and New TIN number? Just our company name only changed from Pvt. Ltd to Limited. We have already given our company TIN number to so many or our parties. It may create problems with new tin number.

Requesting you all to please suggest me in this issue and give proper guidance.

my mail id: ca.swamy@yahoo.in

Seeking your clarification...
Thank You.

Sir

Is it mandatory to issue form vat 515 to the purchaser for sales in karnataka

Regards
Mohammed RAfiq