Dear,
Dear, please let me know how the mandatory (compulsory) penalty will be levy or not by the deapartment in case of payment is made after 21st of the due date of payment and return has been filed on 31st of the filling date of the month?

Under Maharashtra VAT.

HI ALL SENIORS

WE MADE FINISHED GOODS IN STATE (A) AND TRANSFRED TO STATE (B). ALL BASIC PUR. OF MATERIALS WERE FROM CENTRAL. ACTAULY WE HAVE CUSTOMER IN STATE (B). & THEY WANTED TO TAKE VAT CLAIM.SO WE OPEND THE BRANCH THERE & GIVING THE SUPLY. NOW STO,WHEN WE SUMMTD RETURN ASKING US TO PAY TAX IN STATE (A),ON GROUND THAT U R MAKING SALES VIDE STOCK TRANSFERD . IS IT CORERECT. WE R IN SIMPLE PRACTICE THAT THIS STOCK TRANSFRED & AFTER THAT IF V RECV THE ORDER FROM SINGLE BYER FOR FULL QUTY. THERE IS NOTHING WRONG. V R NOT ESCAPNING THE TAX. MAY I NEED YOUR HELP. IS THERE ANY COURT REF. ALSO FOR SATAE OF HARYANA,DELHI,U.P OR MAHARASTR.
MAHINDERBHARTI@YAHOO.CO.IN

Can any one will help me on this

I want to know what are the record should kept ready for VAT audit....

it is situation related to my office, we receive a notice from government, commercial tax department
regarding VAT AUDIT visit...

What are the Steps.....Please let me know..

Thanks and Regards
Epari Sameer Kumar

I am carrying a small Restaurant and i have done registration MVAT under the Composition Scheme in Feb 2009. and i alredy file the six monthly return also but In this regard i have recently heard about Form -1 has to be filed separately in Composition scheme. And i have alredy filed Form 101 and all the procedure done in the time of registration now i got confused whether i have to file Form -1 again in registration Dept. let me know

In a Project Execution scenario,while making exempted 6(2) Sales(Sale-in-transit under CST Act),we supply goods to the customer by transfer of documents.Physcial movement as well as transfer of documents completed but invoicing to the customer deferred by a few weeks.

Cannot we declare the Purchases & ask for Form C from the Authority ?

What is the penalty for non-filing of DVAT Return for past 2 years? Can we adjust input credit of VAT available with the penalty amount?

Can some one help me on this unique problem.....................

Mr A (Consignee) has placed an order to Mr B (Contractor) for supply of material. Mr B has placed order to Mr C (Sub-Contractor) for supply of some material required by Mr A. Again Mr. C has placed order to Mr D (Manufacturer)to supply same material to Mr A.

Now

Mr A is registered in MVAT

Mr B is registered in MVAT

Mr C is not registered in MVAT

Mr D is Registered in MVAT

Goods supplied by Mr D to Mr A is moving with in Maharashtara. LR is in the name of Mr A as consignee. But since there is no connection between manufacturer & consignee Mr D is raising his Invoice to Mr C charging CST because Mr C is not registered in MVAT.

Mr C is raising his Invoices to Mr B without any tax as rates are inclusive of all taxes as per Purchase Order of Mr B.

Now the question is whether Mr B has to charge VAT or CST in his Invoice to Mr A??

At present Mr B is raising his Invoice charging VAT based on LR. but he is not able take credit aginst this Out put VAT.

It is very confusing us. Can some one clarify how billing should be done????

Dear Experts,

Our company is registered in the DVAT Act,2004 and purchase the goods from local supplier in the delhi. The invoice should be raised by the supplier to our delhi office and goods ship to our bangalore office. Please tele me, these purchase which is booked by delhi office, whether local or central, if supplier charged the CST @ 12.5% on the invoice.

Dear Experts,

Is there any standard procedure for fixation of Transfer pricing ? (Inter / Intra State Stock Transfer) Pls. advise me in this regard,Thanks.

Please let me know the rules regarding interstate sales. (Tamilnadu & Karnataka)
What are the forms required and who should provide which forms?
VAT rates with or without forms?

Kindly clarify.

Thanks
Uma