there is a bill which is related to CST Sales agst C-form of March and now in april the full bill's sales amt is return to us. plz tell me the treatment of this sales return in which month and if it is taken in the april month then what about the sale bill fig. which is entrd in the march return as sale agst c-form.

my organisation is constructing an office since 2009-10. with respect to the amount paid, it is debited to capital work in progress. kindly suggest the treatment for excise and vat paid on the bills. can we claim the cenvat in the year the bill is raised by the party, or are we supposed to claim it in the year, we transer the work in progress to office building asset account. EVen about the vat input credit, please help.

sir in my friends client company,
they are purchased from other state and paying cenvat and the company sales those goods to local customers and they are collecting vat and total amt paid to local government.
ex: purchase cost 25000
cen vat 5000
30000(25000+5000) paid to the company of other state.and they are collect 34350(30000*14.5%+30000) from customer and total 4350 paid to local government .wether this treatment is correct or not.

One of our client is in the business of Printing industry in maharashtra.
he has not paid any VAT liability from 1.4.06. to till date.
Till today his approx liability is Rs. 5 lacs.
Suppose he purchase new machinery today on which he has to pay VAT of Rs. 5 lacs.
There are any chances to set off for this liablity.

A Ltd has been issued a notice by the sales tax dept for arrears of sales tax liability from the year 2004-05. Interest has been charged u/s 36(3)(a)and 36(3)(b)and 36(4A. Interest liability is twice the amount of tax liabilty. Is this possible???? Can a relief be claimed under any section??????

one of our client is a manufacturer of plastic folders. he has purchased a generator for business use. whether he has to issue C-Form for the purchase of generator ?

Pls reply

Wat is use of E-1 form and E-2 form of Sales TAx

Just a clarification is required that whether HVAT is payable on Service tax part also?

We raise the invoices to our client and charge Service Tax and HVAT (Haryana VAT) separately mentioning on invoices. Do we need to calculate HVAT liability on the basic value or the basic value + Service tax amount??

Pls advice.
Thanks,

Dear Friends

Pls tell me on which amount WCT is deducted.

Installation & Commissioning RS. 50,00,000
Service tax 1,71,666
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51,71,666
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Pls tell me on which amount WCT is deducted.

A dealer who comes under VAT system does not collect Sales tax from his customers. However he pays every month Balance VAT tax on output after adjusting input tax.In this case whether the Input tax paid and the monthly sales tax paid can be claimed as expenses in profit and loss account and whether the same is allowable expenditure under Income tax Act.