Pradeep
This Query has 2 replies

This Query has 2 replies

23 February 2009 at 12:31

Availing Input Tax Credit

An assessee engaged in the fabrication works for that he is purchasing the steels and rods. While making the above purchase he would have paid VAT so he can claim it has input credit.
The same assessee is purchasing the things for administration purposes like notebooks, pen pencil, tools to maintain office. while making the above mentioned purchases the assessee have to pay VAT.

My question is,,
1. Whether he can claim the Input Tax credit for the purchase mentioned in second para (supra) made by the assessee?

2. If he can avail it as input tax credit, the purchase amount (purchase value of administration tools)should be included in the VAT return as Purchases of Goods?


saikiran
This Query has 4 replies

This Query has 4 replies

22 February 2009 at 07:25

when excise duty included

The Basic Bill Amount is 175600. Excise duty is 25321(14.42% on 175600). In this case on which amount VAT should be Calculated Whether it is on 175600 or 200921(175600+25321) Plz clarify me In which section this topic disscus?


Imran Ahmed
This Query has 2 replies

This Query has 2 replies

21 February 2009 at 15:21

CST

What is FORM-C? to whom it has to be given?


NAVEEN KUMAR K
This Query has 2 replies

This Query has 2 replies

20 February 2009 at 10:53

Vat on Freight chrgs

A dealer has charged vat on freight chrgs included in the bill? Does the vat permits to levy on freight amount.


UMESH GUPTA
This Query has 2 replies

This Query has 2 replies

18 February 2009 at 17:09

VAT

If the supplier given the invoice of Rs.1000 and VAT @ 12% i.e Rs.1120.And afterword they gives 10% discount on Rs. 1000 i.e Rs.100. Whether the supplier has reverse the VAT amount also by 10%.


Sathis
This Query has 1 replies

This Query has 1 replies

Sahis : My query is if We Made a interstate sale in 2007-08. But in 2008-09 we came to know purchaser is not going to give the C-Form, He just dragging the issue. Now what we can do.? Please clarify.

Mr.Sing : YOU CAN RAISE DEBIT NOTE FOR DIFFRENTIAL TAX IE DIFFRENCE BETWEEN FULL TAX AND TAX CHARGED. 15% PA INTEREST IS APPLICABLE ON THIS AMOUNT.

Sathis : I Can raise debit note on him & pay tax to the Govt. But Can i make any legal action against him for not giving C-form because he is not going to pay the debit note amount also.


Kamlesh Modak
This Query has 1 replies

This Query has 1 replies

17 February 2009 at 16:56

Form H

Respected Sir,

We are dealer dealing in Maharashtra & registered under MVAT Act. We have to apply for duplicate Form H with Sales Tax Dept. What is the current and exact procedure for such application and for getting duplicate Form H or where i can get such information.

regards
Kamlesh


CA. Vinod
This Query has 2 replies

This Query has 2 replies

17 February 2009 at 16:12

Recovery from directors

Can a sales tax demand be recovered from directors of a ltd company ? If yes then what are the remedies. If no, what are the case laws.further the demand is due to non submission of statutory forms, and directors have no role, please provide case laws to support your reply.


Sharad Dome
This Query has 2 replies

This Query has 2 replies

17 February 2009 at 15:41

C-form

We are received a C-form from our customer But it is misplaced, so what can i do?


CA.NAKUL GUPTA
This Query has 2 replies

This Query has 2 replies

17 February 2009 at 15:04

d-vat 30,31

i want to prepare d-vat 30,31 electronically
so please give me a software which contain d-vat30,31 features or send a attachment of file of d-vat31,30 in excel for quick fill up
of form .
i have pirated tally 7.2,9.0 but in tally 9.0 , i am not able to convert data because
is is showing internal memory access violation error, existing tally dialog box.
and in tally 9.0 in d-vat 30 date of purchase and bill no. is not showing i.e. software is not picking details from bill.
please help me





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