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

We trade in computer hardware & spare parts.
Kindly tell the rate of tax which can be charged for computer hardware @ spare parts??
4% or 12.5% ??

respected sir,


i want to know whether as per guidance note of ICAI, CST on sales should be shown including or exculding in profit & loss accounts.

As it is cleared that VAT should be shown excluding in profit & loss account but i am doubt about CST.

respected sir,


i want to know whether as per guidance note of ICAI, CST on sales should be shown including or exculding in profit & loss accounts.

As it is cleared that VAT should be shown excluding in profit & loss account but i am doubt about CST.