We have purchsed Machinery from vendor , Paying Vat . We claimed input tax credit & claimed refund from tax depatment, subsequently we learnt that Vendor did not paid the tax to department collected from Us.

now my querry is Can tax department claim tax from us since seller did not pay OR the seller is sole responsible to department Under Karnataka VAT act.

We are purchasing steel ribs from a party in Tamilnadu for the purpose of new building construction which we are going to capitalized are we eligible to get the concessional CST against C Form. Kindly give the feedback

Dear Sirs,

Pls tell me the rate of GVAT on Fabrication & Iron Works Factory
How much they can collect from TAX invoice ? is it 12.5% or 4% VAT.
and tell me also that does they can give retail invoice with VAT i.e Do they Collect VAT from Retails invoice ?
Pls reply me urgently

Thanks for reply in advance

Hello

TDS ON WORKS CONTRACT IS TO BE DEDUCTED @ 2% OR 4% DEPENDING ON EACH CASE. IS THERE ANY TURNOVER LIMIT FOR DEDUCTING THIS VAT TDS OR FROM EVERY WORKS CONTRACT THIS TDS IS TO BE COMPULSORILY DEDUCTED.

REGARDS,
JYOTI

Pls sirs,

1) Guide me the Difference of Retail Invoice & Tax Invoice under GVAT
2) Tell me Which Business gets/Collect TAX from Retail Invoice under GVAT
3) Guide me for Manufacturers,Traders, Dealers,Whollseller,Retailers etc.. Guideline of GVAT..

Pls sirs guide me on this Huge Discussion
if you will give this Guideance in regular interval, I also been thankful to all of you.

Thanks a lot for give time for me in advance
take care

HI I AM AN ADVOCATE,

ONE OF MY CLIENT WHO IS A TRADERS & CONTRACTOR OF CIVIL CONSTRUCTION.

HE PURCHASE STEEL WIRE/STEEL SHEET AND OTHER BUILDING MATERIAL FROM UP HE HAS BEEN CHARGED ENTRY TAX @ 1%.

SINCE HE IS A TRADER IF HE SALE THE MATERIAL SHOULD HE ALSO CHARGED THE ENTRY TAX OR NOT.

Dear Sirs,
Pls tell me where there is any Provision for if we forgot to take Purchase invoice which included VAT and I missed to take it in VAT return whether Monthly or Quarterly.
Pls tell me Can we take this Purchase invoice on Next month.

Thanks for reply in advance

we have paid vat for the month of April 2009 on 02.06.2009 which was due on 21.05.2009. We have paid interest @ 1.25% p.m. for 12 days.

As per the opinion of our cosultnat we have to pay interest for 2 month i.e for May & June.

As per the opnion of our auditor we have to pay interest for one month

Pl inform who is correct

Regards
Arvind

Dear Sirs,
Pls tell me what kind of Precautions we have to take for Graphic & Printing (Printing Press) Business in GVAT ?
Pls tell why in GVAT 4% is on Grahpics & Printing Business ?
Are they can collect 4% VAT from Retail Invoice or not in GVAT ?
Most important :-
If they can take Lumpsum Payment option or they must have to take Regular VAT System bcs of this business called as Manufacturing Unit ?

Pls Help me sir urgently

Thanks for your reply in advance

I WANT TO FILE REVISED VAT RETURN ONLINE FOR THE YEAR 2008-09, CAN I FILED? WHAT IS THE LAST DATE OF REVISED VAT RETURN FILING?
THANK YOU