Hi frnds
i hv a doubt which relates to marginal VAT. pl guide me

1. in the first instance a dealer buys goods from exempted unit and sells the same :
a. at some (margin) profit
b. below the cost price

2. Dealer A sells these goods procured from 1.a. to dealer B and dealer B sells the same in the market below the cost price and at profit.
hw would be the VAT TREATMENT????

Hi frnds
i hv a doubt which relates to marginal VAT. pl guide me

1. in the first instance a dealer buys goods from exempted unit and sells the same :
a. at some (margin) profit
b. below the cost price

2. Dealer A sells these goods procured from 1.a. to dealer B and dealer B sells the same in the market below the cost price and at profit.
hw would be the VAT TREATMENT????

Can any one share with me 405 form in excel for tds retun. Kindly help.........my email id is surgum10@yahoo.com

Sir,

We a residential school organisation have not filed any return in the present year 2008-2009. But we have deposit VAT on sale of materials to the students. Also we have not taken any credit against vat payable (materials purchased like......uniforms, stationaries, edibles etc.)My query is ...

1. Wether we can adjust the full VAT recoverable from 01.04.2008 tilldate while paying the VAT for the month of March 2009 ?

2. Now that we have not filed any return, what is the procedure to file the return in the last qtr...if this being the first return filed ?

Amt.paid for consumable debited to repair & maintenence account? Can VAT credit be taken or head is req. to be changed frm repair & main. to consumable.

Sir,

In a school organisation where it is registered with VAT Kindly suggest the following :

As it is a residential school, we procure some material like Uniforms, books, edibles etc. every month. In most of the cases VAT is charged to us. We often issue uniforms OR books to the students and debit them along with the VAT charges. But it is seen that we are not taking credit of the input VAT. i.e. the vat recoverable is not adjusted when we pay the VAT as per schedule. My first query is :
WETHER WE CAN ADJUST THE VAT RECOVERABLE FROM 01.04.08 TO 31.03.09 AGAINST PAYMENT OF VAT FOR THE MONTH OF MARCH? CAN WE RECTIFY THE VAT RETURN TO BE SUBMITTED FOR THE LAST QTR.?

Hello,

There was a recent judgement of Supreme Court in year 2008, regarding the leviable of CST in the case of Works Contract, wherein it was decided about the levy of CST in the case of purhcase of goods from outside the state or likewise. I do not know the name of the Appellant but the case is for sure.

Please if anyone can give me any link to this judgement or mail me any copy or just inform me where I can get this judgement.

My email id is:- ca.hkgupta@yahoo.com

is there is a vat claim on packing material like polybags, carton boxes?............

I have started Proprietorship for trading in Edible coconut oil.My office is in Navi Mumbai.
I will buy Coconut oil from supplier in Kerala and supply to customers in Maharshtra, Tamilnadu and Delhi.

I want to ask about whether I have to pay any CST/ST/VAT for:
My office is in Navi Mumbai and supplier in Kerala and my customer is in:
1.Maharshtra
2.Kerala
3.Delhi
If I have to pay any taxes for the transaction for the above 3 cases then when & how it is to be paid?
How the billing should be done for the above?

How to get the registration for the taxes if required?

What is rate of Income Tax for the Proprietorship? and when I have to pay the same?

Kindly clarify the above queries.
Regards,
Sucheta

When we buy goods through internet
at that time C.S.T or VAT or Both will be applicable??

If the goods are imported then what will be the condition(the co. has no branch in India)???