Dear Sirs,

We have a Zonal office (Pestisides and Agro Chemicals)and we have two depots in Karnataka where the billing activities are happened while preparing the VAT return we are not taking any input tax credit.
At the time of audit the same point will asked by our internal auditor saying that we have to suppose to take a credit on purchases.

Please let me know at what type of purchases can we take a credit of VAT.

Please help me.

1.what is prevailing CST Rate ?
2.when rate was last reduced ? plz give notification Link
3.how about rate against Form C

I have to raise an invoice from Pune to Mumbai. I will obviously charge VAT for goods but the customer wants me to add freight in the invoice seperately. Should I charge VAT on freight amount or should mention it seperately without charging VAT?

I need clarification regarding the taxability of sale of sim cards. Is is taxable to VAT or Service tax

Sir,

If DC is used for despatching material to customer and later Invoice is being raised on the next day. Do we need to give the DC used to sales tax dept.

Hi
I am Facing a Problem While Converting a Excel File To XML File The File Is Converted Successfully. But The Problem is Data Validation It Is Showing The Below Problem Please Suggest Me Regarding Karnata Vat -100 E Filing Online

Load XSD Failed The System Cannot Locate the Object Specified

Dear Friends

I want to know, whether input credit available on Additional duty on import.

Thanks
Gopal

I work in a manufacturing company. Diesel, grease and other lubricants are being used in our company. whether we can take vat input credit on diesel and grease and other lubricants?? kindly mention the relevant provision also.

i have got a bill from one of my creditors that is as follow-
total amount - 357560
excise duty@ 4% 14302
addition excise for paper
manufacturer @1/8% 447
education cess 295
h.edu.cess 147
insurance @ 0.4 % 1491

my queries is that either insurance charge will taken for calculating vat or vat will calculate by excluding insurance charge

your reply will be highly appreciated by me .

sir we are establishing power plant in maharashtra state & it will take 2 year to generate power. We will capitalised all pre operating expenses after completion of project. My question is how we trate VAT on expenses? Can we take set off or not? if yes then any retention is require? Please guide.