Dear All,

One of my client is doing manufacturing of Baby Gift Box Items for which he is purchasing materials at 12.5% and 4% but while he is selling his product he has to sell his product at 4% under vat Act.Can he take the input credit of 12.5% VAT which he is paying while purchasing..

We have done a work of Rs 24686665 in the year 2008-09 and have bill our client accordingly.

We have done the following purchases doing the year
Invoice with 4% Vat: 777108
4% Vat on the above: 37170
Total(A) : 814278

Invoice with 12.5% VAT: 653645
12.5% Vat on the above: 76161
Total(B) : 729806

Outside state puchase or purchase from unregistered dealers (c): 2052961
Total Purchase(A+B+C): 3597955

We would like to know our tax laibility under composition scheme and under normal scheme. We have adopted composistion, can we shift to normal scheme now.

Sir,
We are manufactruing unit & algo register under VAT & CST we have several branchs in india. I want to know can we send the trading item as stock transfer to our branch against form F or otherwise how we can treated this.Please guide us.

Nitin Haldikar

The builder is collecting vat from me on Construction charges + Electricity & Water infrastructure Charges.

Less 30% deduction towards charges..

On Total Consideration Flat Rate of 12.5 %

But the builder has paid different Rat of Vat on his purpose of inputs like, Jelly, Cement , Sand, Electrical Filling etc.

Can He Collect 12.5 % Vat flat Rate From Me????

Dear sir

from 1st april 10 the vat rate has been change from 4% to 5% in maharashtra and according to that we charge the tax, but those material sale in march 10 which received return back and we issue the credit note @ 4% tax so this will be consider in this and how to calculate the tax amount

pls guide me


Thanks you

Nitin kadam

Hello Everybody,
Sir i would like to know that i purchased a fax machine with vat charged in bill,can i take credit of vat from that..we are manufacturing unit in chhattisgarh state...

Hi Recpected Experts :Would somebody plz tell me how to issue the c-form agnst the cst purchase if we have the details as follows
we(M/S ABC at chandigarh) are purchasing goods from the (M/s XYZ at Punjab) they issue the bill no. 42 amt 850000/- and we enter the purchase with pur/50. bill dt is 03/07/2009. then how will we fill the fields in the c-form? Plz somebody help me..

We enetered into an agreement with our client to carry out Civil job for their project in Panipat refinery, Panipat Haryana.
One of the condition of the agreement was "Unit rates shall include all taxes & duties (Excluding Service tax, Excise Duty & VAT, which shall be paid at actual on production of original documentary evidence) etc."

As per above mentioned clasue our client is suppose to reimbure the VAT paid by us to Haryana Sales Tax Authority.

For assesment we opted for composisiton scheme and paid VAT @ 4% on the total contract value and subsequently raised the bill to our client.

Now our client is claiming that VAT paid under composition scheme is not VAT but a lumpsum tax which cannot be considered as VAT.

Please let us know whether VAT paid under composition scheme is VAT or any other tax.

Hello Everybody,
Sir We are Manufacturing co. in Chhattisgarh State and i would like to know that i purchased a fax machine for office use with vat charged in bill,can i take vat credit or not?

AS FROM 28/12/2009 VAT IS APPLICABLE ON WINE FOR SOME OF THE DELAERS SO WHETHER HE DEALER CAN GO FOR COMPOSITION SCHEME AND PAY 0.5% OF SALE OF WINE IF HIS TURNOVERIS LESS THAN 40.00 LACS.PLS DO REPLY