in case of consignment who will pay the sale tax liability. Consignee or consignor?

Dear Experts,

Can We take Input Credit of Custom/Excise in VAT output Tax or not ?
Exm.
Input Excise
Input VAT
Input CST
Less
OutPut VAT
Output CST

IS TRADING LICENSE REQUIRED FOR INTERIOR DECORATORS?


THNX IN ADVANCE

When is VAT 240 applicable?

A partnership firm is having an export business and has been registered for sales tax as the input tax paid is claimed as refund. The turnover for income tax purpose is more than 40 lacs and total sales comprises of exports.so, should it file the vat 240 or not?

DEAR FRIENDS,
CAN VAT LIABLE ON SALES OF A CAR TO A DEALER WHO IS REGD UNDER MVAT ACT ?
1) IF YES, ON WHICH AMOUNT LIABLITY ATTRACT i.e., SALE VALUE, PROFIT ON SALE OF CAR
2) UNDER WHICH SECTION IT IS APPLICABLE ?

PL. GIVE UR VALUABLE SUGGESION IN THIS MATTER

THANKING YOU,
pritu_chandiwal@rediffmail.com

what should be done when an casting error is made at the time of copying figure from purchase Register to the VAT return, eg Amt of 54200 is recorded as 52400 in return. and return cannot be revised???

One of supplier is giving the service of refilling painting labeling of fire extinguishers & is charging VAT & Service tax as follows :

Total Bill Value 5250.00
12.50% VAT
(on 75% of 5250) 492.19
4.12%Service Tax
(100% of 5250) 216.30
------------------------
Gross Bill Amt 5958.49
========================
My query is if supplier is calculating VAT on 75% of 5250, that means 25% is the service involved & service tax should be calculated on 25% of 5250.00. Please clarify.

We had raised a bill charging 2% C.S.T. against submission of 'C' Form in Financial Year 2008-09.

The customer has not given us any 'C' Form. Can we now raise a debit note in Financial year 2009-10 demanding the difference of 10.5% vat? Can the purchaser add this amunt to his 'PURCHASES' during Financial year 2009-10?

When is VAT 240 applicable?

A partnership firm is having an export business and has been registered for sales tax as the input tax paid is claimed as refund. The turnover for income tax purpose is more than 40 lacs and total sales comprises of exports.so, should it file the vat 240 or not?

Sir, I would like to know about "Reverse Tax on VAT" and also how to compute it!