how much amount to be deposited to bank to file a nil monthly or quarterly and half year return ?

Recent changes in sec. 9 & 10 (VAT credit) w.e.f 01.04.2010 says that VAT credit shall be allowed proprtionate of the goods which have been put to sale. What does it mean. Please clarify.

whether vat credit can be taken on indirect material purchase? wht is the eligibility procedure and wht is the % of eligibility? Plz reply immedieatly

Dear Sir,

Can you tell me the process of online e-filing return of tax and how we can create xml data file.

Thanking you,

Your's Truly

from
Kamlesh Singh

Hi,
One of my client is providing after sales services of Electronics products. Extended Warranty Contrac Cards EWC Cards)is sold to customers on which Service Tax is collected. Now question is Whether VAT is also chargeable on EWC cards?. Furher, in warranty pariod Parts are replaced free of cost. Whereas while selling the Card, Parts value cannot be define as it is likely to be replace in future.
Pls advice whether VAT is chargeable? if so, on which ground VAT wil be charged?

what is meaning of interstate and goods outside the state

I am to start a fashion designing business, wherein i will be designing cloths, get them stitched and will sell them to the end user.
Now before starting i want to budget the expenses, basically i want to do the feasibility analysis.
It is going to be a proprietorship concern.
Querries:
1)I want to know the VAT implications on such business from delhi.
2)Min amount of turnover should be Rs. 60 lacs for the business to get the books of accounts audited?
What would be the best business structure from the point of view of least tax payment; wether it should be proprietorship, partnership or what?
3)Maintenance of books of accounts is must at any turnover?
4)Formalities for formation of proprietorship..i.e. the name of the concerns is to be registered somewhere or not?
Any sales tax no. should be taken?
Any shop establishment certificate to be taken?
(I will be working from home only).

Waiting for the revert.
Thanks in advance
Juhi Gupta

can we claim input credit on spares used in the process of repair of machinery?
If we get a tax invoice from our repairer for repair of such plant and machinery, can we claim a tax credit under DVAT?
If yes, is it a capital good or other purchases?

We have a client who run a restuarent and this is a private company. It has two shop one is in running condition and another is in under construction. The company has purchased some Computers amounting Rs. 167200 and Vat on this is 8360 and also some Furniture Items for shop. These both assets is purchased for the shop which is underconstruction. Please give an expert advise on the following matter
1) Can we take VAT credit on Computer and Furniture purchased for our shop (underconstruction)and there is no sale on that particular shop.
2) Can we take credit on Crokcary purchased which is being write off in P& L a/c. Also tell me under which head i will show this amount capital goods or other goods.
3)Can we take credit on Diskwasher, Sink etc. used in Ktichen.

Please refer the proper sections and case laws.

Dear Sir's & Friends,

Due to some problems we had asked a party to change their bill date, now the previous bill no. was A-110 Dtd. Oct-2009. The party agreed to the same and gave us a new bill of A-340 Dtd. Dec-2009, here in the new bill the party has cut the No.A-340 & instead they have written bill no. A-110 which is the previous bill no. Can we claim VAT on the same bill. Please help me in this matter.

Regards
Yajuvendra Rawat