Mr X is a trader who claims Vat input credit on Capital Asset like Motor Vehicle.The Sales Tax Department refuse to give the Input credit saying that input credit can be taken on other capital assets expect Motor Vehicle.
Is Department view is correct?

Dear All:

Please let me know what provisions of VAT/CST will be applicable on the company selling goods online in India.

Your immdediate response will be highly appreciated.

Regards,

Manish Kapoor

my uncle has forgotten to write Tin No. of Buyer in Sales Invoice. What will be the penalty according to Maharshtra Vat and Haryana Vat.

Dear All,

We are Kudli, Distt-Sonepat Haryana based company, we recd a purchase order from the party of Bombay of our product worth Rs. 100000.00 and the customer wants delivery at Gurgaon further his customer.

Whether it is possible to make delivery at Gurgaon for us and what is the system of Billing is vat will be charged or cst and what particulars will be additionaly will mentioned in the invoice.

However we will charges at full rate of tax which is applicable in the HR State i.e. Sale agst C will not be done.

Kindly let me the in details

FRIENGE BENEFIT TAX SHOWN IN P&L A/C OR TRANSFER TO CAPITAL A/C

TAX invoice in DVAT can be issued without TIN No.(unregistered dealer)?

Whether VAT audit abolished/discontinued for the F.Y.2009-10 ?

Dear All,



First question is whether surcharge levied by Punjab Govt. @ 10% is applicable on CST if sale is outside state without C form.

Further if we are selling goods outside state without C form what we should write on the invoice issued to the purchaser

i. Sale Price 100

CST @ 5% without C form 5

or

VAT @ 5% 5

Surcharge on CST depends on the answer to first question.

Thanks & Regards



CA Jatinder Kumar

Can credit of service tax paid on Input service be used to set off liability of service tax on output service which are not the same as input services ........?

How to expertize in VAT, Please guide me if there is any books or any soft copy available in net with examples.