Dear Sir,

we have booked the Purchase bill of vendor and after two months we have come to known that we dont need to pay the amount to the vendor because of defect in the material my question is that at the time of booking the bill we taken the input vat credit and accordingly we have taken the set off now we want to write off the balance amount of vendor The input vat credit taken is also need to be reversed on account of balance written off

Regards

Ravi Konda

Can someone clarify me that if some goods are purchased which are capital goods as per Excise and it is through Vat invoce Input Tax Credit Can me claimed or not? If Yes, then Why ?

hi
my client have started a redevlopment project in mumbai- maharastra, werein they will be constructing 14 storied residential cum commercial building as such the ground floor will b commercial and 1st to 7th floor would be given to existing members and 8 to 14 floors they will be selling, now they are constructing the entire bldg on their own, hence would like to have clarification on the following.

a) Is VAT registration required?
b) If yes what are the advantages they can get.
c) Can they procure material for constrcution against C form , can they get the benefit.
d) what would be their VAT liability are they require to collect VAt from Client.
as such they have just started the constrcution activity a month ago.

A firm is engaged mainly in manufacture & rental / hire of scaffolding to its clients.
Kindly, advise as to whether VAT or Service Tax is applicable to scaffolding rental / hire charges with reference to applicable provisions of the ACT & any decided cases.
Thank You.

Under Delhi VAT

For Charging VAT, Whether Sale price includes Transportation Charges or not?

Dear Expert,

Can anybody confirm the existance of the Tamilnadu Entry Tax act 2001. ( I believe the act has been repealed by the court judgement). If so please suggest the link for the act of for the judgement.

Thanks

One of our vendor has raised Sales Invoice on us in which he included the freight charges. And on net amount he charged VAT ?

As per our Purchase Order terms freight is on our account.

Shall we book the invoice with full amount?

Thnx
Amit

I am planning to start an ecommerce website dealing in Electronics. Now I am an registered Under Assam VAT & CST.

Now if i sell an product say in delhi and i dispatch the material from Delhi some third party in delhi, what will be the VAT / CST liablity? And will i be able to raise the bill to the party from Assam itself.

Dear all,

Can any one let me know that
"if any one registered as dealer under Delhi Sales Tax on Work Contract Act, 1999. & has been allotted TAN but after introduction of DVAT Act. Should we apply for New TAN under DVAT or the same TAN allotted under Sales Tax on WCT Act applies.

Thanks

Are outdoor catering services provided at school will attract VAT & ST.

If yes then what rate?