An assessee purchases raw material on which he has to pay vat of 15%, however the finished product is exempt from vat, is assessee liable to take TIN number ? and if he takes tin number than can he claim refund of vat paid by him on raw materials ?

Dear All,
I want to know that what is the percentage of Input-Tax credit disalloed when the dealer is making some Sales as Inter state branch transfer for F.Y.2007-08 and F.Y.2008-09.
What is the procedure if the dealer already used full tax credit for above said period.
Please guide me.

Pawan Pandey

Dear All,
I want to know that what is the percentage of Input-Tax credit disalloed when the dealer is making some Sales as Inter state branch transfer for F.Y.2007-08 and F.Y.2008-09.
What is the procedure if the dealer already used full tax credit for above said period.
Please guide me.

Pawan Pandey

whether the rate of CST is reduced to 1% or it still 2% itself.Please tell me this is very urgent

Dear All,

One of my client is importing from china and hongkong, on which he has to pay custom duty in all 36 %. Further when he sold imported items in domestic market, he has to pay 12.5% VAT. Is there any set off available to against custom duty or vat.?

Pls give if is there any circular from custom department.

Thanks.

pls guide me the procedure of consinment sale.... I am in company of retail garment businees . Bascally i want to know flow of consinment sale from start to end means from my company to frenchiesse.

We have taken DEPB benefit against export sales.
And DEPB sales to other importers.
Pl. suggest what the rate of VAT and CST on sales of DEPB.

Regards,

Hi All,

There is some concept of additional VAT in gujrat. Please send me the details of of the same. Let me know at what rate is is charged, on what it is applicable, etc.

I think its 2.5 % in addition to 12.5% VAT. The nomenclature i have used as additional VAT may be different.

Mr. G of Gujarat selling goods to Mr. M of Mumbai. However, goods is transported directly to Mr. D of Delhi on instruction of Mr.M.

What are the document Mr. G has to send to Mr. D of Delhi along with goods and also what are document should be given to transporter as Mr. G raises the bill in the name of Mr. M of Mumbai

please tell me about vat 49 for transportation in detail i.e where it is used.


if we are sending material to otherstate and we made four bill of same date and continue number i.e 1 to 4 to one party. then how many vat 49 is required to issue.

Thanks