IT IS A MANUFACTURING COMPANY

CAN WE ADJUST CST OUTPUT AGAINST

INPUT VAT

Dear Sir/Madam,

I would like to know,what is the turn over to be cross for filing of form -240. Is that turn over should be exclusively VAT Sales or it includes CST Sales also?

Please clarify me on this issue, because different people gives different of opinion ie., some clause of people saying it is inclusive of CST sales and other clause of people says it is exclusive of CST,Exempted and Export Sales.

Dear Sir,
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.

The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.

This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.

Will there be any problem if we charge 2% CST in this type of delivery transaction.

We will have valid purchase orders for the relevant transactions.

Please clarify
regards
S. Anand

Can i know the current vat rates of uttarpradesh.

WE HAVE FILED MONTHLY RETURN IN VAT AND CST. WE SHOWN PURCHASE AGST H FORMS WITH INVOICE DETAILS OF THAT PURCHASES.

WE HAVE RECEIVED THE H FORMS BUT NOT AS PER OUR REQUIREMENTS DUE TO OUR MISTAKE.

NOW SHOULD WE CLAIM FOR ADDTIONAL H FORMS AND CANCEL THE RECEIVED H FORMS(HAVING MISTAKE) ????

OR

FILE CORRECTION FORMS FOR THE H FORMS RECEIVED ????

WHETHER I NEED TO REVISE MY RETURN IN ANY OF THE OPTION????
DO I NEED TO REVISE MY TURNOVER OF PUR AGST H FORMS ANYWAYS????

Hi,
My querry is as follows:
I hv come across a client who had registered himself under Mvat in F.Y 2006-07. But he commenced his business from current year i.e 2009-10. Is he liable for filing returns? Whether yes or no, pls forward the explanation supporting section no. for the same.
Thanx

what are the conditions under which you become liable to form 704.

1. A ltd. (seller-chhattisgarh) issues a invocie for material to B Ltd. ( dealer in A.P.) as -----

on account of B Ltd.
delivery at C Ltd., xyz street,A.P. menioning ECC & TIN of C Ltd.

Please clarify 1. In books of A ltd. whose ledger will reflect B Ltd. or C Ltd.?
2. Who will issue C form to A Ltd.?

Only who has true concept gives the answer.
Thanks

All experts

Our Unit is situated in Gujarat we wish to sale one machinery(Purchase of arount 1989) now we wish to sale it within gujart.What vat amt should be charge for this sale.

Request to give proper guidline regarding this matter.

Thanks
Sandeep

In Chattshgarh VAT Rate has been changed w.e.f 01.01.2010 from 4 to 5. My query is i have sold some material in Chattisgarh old rate i.e. 4% on 02.01.2010, now how shall i recover the short VAT charged. Shall I recover it through Debit note or Supplementry Invoice? I am a Manufacturing concern.

Plz advice