This Query has 2 replies
A) WE manufacture Drilling Unit at our plant in Navi Mumbai (Maharashtra) & provide services with the help of these Drilling Unit to oil producing Companies (like ONGC). The Units is operated by us at the sites of our customers and received back by us on completion of contract. Neither the Drilling Unit are sold nor we sale any other material. Almost all of our income is received from sale of services.
B) More than 70 electronic & mechanical items like 20 feet containers, censors, air conditioners, computers etc. are purchased / imported to manufacture Drilling Unit. On many occasions, these items are available at more economical terms from the suppliers located outside Maharashtra. If such purchases are made by issuing ‘C’ forms under CST, they become further economical.
C) In view of the fact that the Drilling Unit in which these items are installed, are not sold, please advise whether we are eligible to obtain & issue ‘C’ Forms towards the purchased of these items?
D) If yes, Please advise whether the word ‘Drilling Unit’ & the names of these items are to be included in our Registration certificates under MVAT & CST? It is almost impossible to include the names of all the materials which are purchased to manufacture the Drilling Unit.
Your valued advice will be highly useful.
This Query has 2 replies
WHAT SHOULD BE ENTRIES BOOKS
This Query has 2 replies
Hello Experts,
I want to know what is the time limit for
Revising Delhi Vat Return of 1st Quarter of FY 2010-11.
Please tell me the detailed procedure.
Attachments & Penality
Thanks
This Query has 2 replies
Hello Experts,
I want to know what is the time limit for
Revising Vat Return of 1st Quarter of FY 2010-11.
Please tell me the detailed procedure.
Attachments & Penality
Thanks
This Query has 4 replies
Hello Experts,
I want to know what is the time limit for
Revising Vat Return of 1st Quarter of FY 2010-11.
Please tell me the detailed procedure.
Attachments & Penality
Thanks
This Query has 2 replies
Dear Experts,
X Co has purchased a machinery which is amounted to Rs. 25 Lac and K VAT is 3.375lac.
Is we need to pay entry tax on local purchase of capital goods, if yes at rate.
Thanks in advance
This Query has 3 replies
good morning to all expert,
plz tell me my sale tax return for the month of sep"2010 is 989111 than plz tell me i am late to deposit it 9 days .now plz tell me will i paid int. or panelty or both paid
regards
raju
This Query has 2 replies
I want to understand that how the VAT is leviable on Excise Duty and how it's credit can be avialed?
This Query has 2 replies
Is entry tax applicable on construction machinery (Tower crane Toweable & Non-resistable Asset) ?
Kindly elobrate on motor vehicle tax?
is this applicable on above machinery ?
Reply urgent.....
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Eligibility to issue ‘C’ Forms for inter-state purchases.