When is VAT payable , how is is calculated and what is the procedure to file VAT return..In short everything about VAT from A-Z..What are the relevant forms to be downloaded , from where to download?

As per Section 5 of the Karnataka VAT act VAT is exempt for goods falling under schedule 1 of the
Karnataka VAT rules.

Schedule I exempts Books, Periodicals and journals including maps, charts
and globe (point 11)

If books are billed outside Karnataka will CST be levied or will it be exempt?
Sec 6 of CST act says that 'a dealer shall be liable to pay tax under this act in the course of inter state sale notwithstanding the fact that no tax would have been leviable under the sales tax law of the approprate state if that sale had taken place inside that state'. This looks like we have to levy CST...

Nithya

LETS SAY A IS A DEALER IN PUNJAB, B IS MANF IN HARYANA AND C IS A CUSTOMER AND REGISTERED DEALER IN PUNJAB TOO,
MY QUERY IS CAN "A" MAKE E1 SALES TO "C" AND IN THIS CASE "B" ISSUE THE E1 FORM TO "A" AND "A" ISSUE THE C FORM TO "B" AND "C" ISSUE THE FORM C TO "A"

Dear Experts,

Can anybody enlighten me about compund VAT.
What is Compound VAT?
When it is leviable?
How it is calculated?

Thanking You
ZAMIR

Is there any TDS for the work executed to a unit located in SEZ under APVAT Act? In my opinion there is no TDS since the sales (including deemed sales) to SEZ is exempted from tax under APVAT. Am I correct?

Regards,

K.A. Krishnamurhy

Service tax regd. unit where some chemical is also used for providing service .chemicals not sold any where it is only use for services, they purchase chemical in delhi and transfer to other branches, they have branches in kolkatta, jaipur, haryana
kindly Guide me for procedure of Branch transfer ?
Delhi regd under CST, can branches also Required Registration under CST ?
can they use challan for Branch Transfer ?


With Regards,
Subhash9876@yahoo.com

What is new rates for Mvat & Cst from w.e.f.01/04/2010.

I am dealer of Maharashtra & sold goods to Goa state under form C. The transaction is for the FY 08-09.

The CST Tax amount is aboout Rs. 7800/=

The said duly filled form C issued by our dealer to us lost or misplaced at our end then whehter we have to file FIR ( because tax amount involve is Rs. 7800/= only) or we can request to issue duplicate form c only on indemnity bond. And for Indemnity bond how much court fee we have to pay.

Please guide with latest VAT/CST tax act or rule.

Is it necessary to charge vat @ 5% on closing stock of 31-3-10 which is sold on or after 1-4-10

I want to know what will be VAT rate in Mumbai For Iron & steel Trading Co, wef 1.4.2010 (Whether it is 5%(New) or 4%(unchanged)?? pls reply soon as we have to prepare bills for 1.4.2010