anybody tells me i am working in export units trading of cycle parts we use the oil and lubricants like grease etc. can we claim the vat refund which is charged on oil & lubricant the tax rate is 12.5 %

Hi frndzz....

hey actually m vry confused abt the rules for taking VAT credit..please tell me on which goods VAT credit is taken & on which 1s it is not taken...wat is the general rule followed...

will look fwd to some replies....

thanks...tk cr...

Karnataka sales tax @ 4% for Printed catalogues,Just i want know what is the CST Rate for inter state sales with "C" Form or without "C" Form

An Indian company procures orders for some electrical goods from, say US, and thereafter gets these products manufactured from Indian firms (located in the same state, say West Bengal)under its brand name and exports the goods to the US.

Whether the sale made by the local dealers to the Indian company is "Penultimate sale"? If not, what are the implication of this transaction as regards CST, VAT, Excise or Customs.

Please advice.

Dear sir

I just wanted to know that under Gujarat value added tax,whether Vat is applicable for Sale of second hand Motor vehical and at which rate and Provision related to this one

We have head office @ Mysore (karnataka State) and sending goods through the stock transfer to our various branches located @ outside the karnataka against Form 'F'.

Now my question is should we issue the form 'F' to our branches having receipt of the defective or rejected material received out of the stock transfer sent to them against form 'F'?

Kindly reply.

Regards/arun.

Dear Experts,
My client has medical shop. He sells medicines at the MRP Rate(Inclusive of all taxes). His sales for last month comes to Rs.27000/-. He is registered under Tamilnadu VAT. He has not collected any tax amount separetely. The amount mentioned in the bill is MRP Price. Whether he has to pay any tax? If so, How to calculate the VAT? Thanks in Advance.

WHAT IS ENTRY TAX??
PLS GIVE EXAMPLE IF REQUIRED?

c form of short/excess amount received from vendor, the question is whether the sales invoice is required to be of the same amount? As one of debtor has issued C form of different amount (some short & other excess) than our sales invoice, invoice no. and date are o.k.Whether or not it will be a problem during ST assessment? Advice.

Kindly Inform me about Treatment-Tax of VAT if at the time of purchase Import duty is paid, then after local sale with VAT.

- Import duty refund or not
- Import duty adjust with VAT paid or not