Dear All,

I am from Hyderabad, Andhra Pradesh. Recently vat rate have changed from 12.5% to 14.5% in the month of Jan 2010. I have a situation where i have made sales with vat @ 12.5%. Now i have sales return for that sales. My query is what rate of vat will be applicable for sales return i.e shall i take 12.5% or 14.5%?

If i take 12.5%, i do not have sales to reduce this sales return vat from it. If i do so there will be a negivite entry in vat return for the month of Feb 2010. Is this treatment allowed in sales tax?

What is the correct procedure for sales return under this circumstances?

Thanking You,

CA Alpa Doshi.

Our Co. Purchase a software of Rs. 200000/- for Inventory Management & updagrate it for 1 year & pay Rs. 18000/- in same month
Party Raised bill as follows:

Software (Ver.XXX) : 200000
Software Update for : 18000
1 Year

Vat @4% on 218000 & Service Tax 10.30% on 218000

Is this correct?

Pl tell me....

I do our client sales tax case year 2006-07. In this year client submit dvat 51 for submit of c-form after due date. At the time of assessment STO refuse to consider c-form against sale they penaly all amount and create a demand. now I want to go in appeal in form 38 objection file and this order. can I received the detail in which dvat act is wrong order he impose only penalty not reject.

a company having only one office in kerala should it have a seperate KVAT registeration
if yes how can that branch claim stock transfer fro goods received from the company?

wht is vat rate....

Sir ,

Recently PUNJAB Govt. has introduced a new schedule CI under which all items are taxable @ 4% and all items in schedule B taxable @ 5%.
Could you kindly tell whether bicycle tyre/tube fall under declared goods of CST Act 1956 thus taxable @ 4% OR taxable @ 5% under schedule B ?

if any party has not charges work contract tax in their bill only mentioned that WCT charges extra.

We are not deducting WCT from that parties Account but WCT deposited.

Anyone tell me it right way or any circular related about this

Dear Sir,

Can we ask for vat refund monthly?

please share some facts about VAT returns.

Suppose a Manufacturing Comapany (in Orissa) engages a civil contractor and supplies to him some material on chargeable basis.

Wheather it would attract VAT/Sales Tax

interstate puchase and vat credit