Hi,

We have hired employees on contratual basis.In this case i would like to know deduction of Profession tax is our liability or liability of contractor?

Hi All,

I want to solve a query whether CST at concessional rate of 2% would be applicable on following case or no?

One of our clients are preparing poultry feed in feed mill which is exempt from VAT in state of Punjab.

For packing this feed, they are purchasing HDPE bags from outside state i.e. Haryana. Can they issue C form against this purchase to the seller?

Sale tax department is insisting that they can't pay CST at concessional rate as the end product is not taxable at all.
Please Clarify?

what is the latest vat rate on detergent powder in uttarpradesh.

Q. How does Central Sales Tax behave? Should it be included in material cost? If not then can we show it as a direct expenses?

kindly give the asnwers of above questions by mentioning accounting entries.

Thanks in advance
FAZLE
email:- fazle_sap_fi@yahoo.in

Q. How does Central Sales Tax behave? Should it be included in material cost? If not then can we show it as a direct expenses?

kindly give the asnwers of above questions by mentioning accounting entries.

Thanks in advance
FAZLE
email:- fazle_sap_fi@yahoo.in

Respected SIr
I want to make a new registeration for VAT no so which documents are indeed and what will be the procedure for the same..

Thanking You

Old tyres(rubber) are recycled to make shoes in Delhi state. Is liability to pay sale tax will be arise or there is any exemption from sale tax liability. Also tell about liability towards excise duty or any exemption.

pl. advise what is rate of vat on premix used for fortification of flour products like atta , maida in west bengal.
thanks

It is not flour product it is a premix, made of vitamins to be added to flour and atta and maida to make atta and maida fortified.

Where a Capital Assets i.e DG ,A.C etc is purchased for the Resturant business,can we claim VAT Credit on the Assest purchasedi

A Dealer registered in Maharashtra(Mumbai) is doing works contract(interior designer) at Gujarat(Baroda) in the year 2008-09 for Rs. 40 lacs. Also the same dealer for same work gives sub-contract(Purchase) of Rs.30 lacs to some other dealer registered at Gujarat(Baroda).

Q.1 On what price the dealer shall levy CST on Rs.40 lacs or Rs.10 lacs after deducting the sub-contract price from the contract price (as amended to sec 2(h)of the CST Act wef 11/5/02)?

Q.2 Whether standard deduction of 25% as per notification no STR. 1506/CR-38/Taxatin dt 8-9-2006 is applicable on 10 lacs(i.e after deducting sub-contract value) or on the whole contract value of Rs. 40 lacs ?

Q.3 Is he eligible to do composition and levy CST @ 8% instead of 12% ?