Hallo,

We are doing works contract activity in Maharashtra. At Present we are doing invoices for works contract activity charging VAT @ 8% under composition scheme. We are procuring material from our sub-contractor for this works contract activity. My query is that whether we can issue Form 409 & 406 to our sub-contractor for purchases, where we are charging VAT @ 8% in our sales invoices under composition scheme.
regards
Kamlesh Modak

Can i use form H under CST Act to claim Vat for an pre export sale transaction(buying goods in India & exporting without any further processing).
If not is there any way where can i get the goods without paying Vat from my supplier.

Please help me in this regard.

Thanx
Arihanth

in reguler procedure purchase bills accounted in the month of goods recevied.
in case of march bills booked in march month expenditure but in march vat return not mentioned that purches and vat and that vat mentioned in april vat return.
that procedure is correct or not?
please tell me the correct procedure with relevent section ?

Dear Experts,

Our Co. HO is in Ahmedabad. We got Civil Contracts in MP State. We are making VAT/CST Registration in MP State.

But 1 of our Consultants told that we are also to be registered under MP Profession Tax. IS IT CORRECT?
Bcoz the Co. having all the required Registrations in Ahmedabad (Gujarat).

All the Salaries/other Transactions are Centralized & shall be released from HO only.

Request U all kindly educate me.

VS LAKSHMI

Dear Experts,

Our Co. HO is in Ahmedabad. We got Civil Contracts in MP State. We are making VAT/CST Registration in MP State.

But 1 of our Consultants told that we are also to be registered under MP Profession Tax. IS IT CORRECT?
Bcoz the Co. having all the required Registrations in Ahmedabad (Gujarat).

All the Salaries/other Transactions are Centralized & shall be released from HO only.

Request U all kindly educate me.

VS LAKSHMI

Can i take VAT credit of input VAT of Computers purchased

What are provision under MVAT for Sale of assets from one company to another company. and the selling company is going concern.
And can buyer claim input credit of the above transaction as there will not be a inovice raised,but all assets will transfer through an agrement

A contractee gives a contract to the Principal contractor. The Principal contractor delegates some part of the contract to the sub-contractor. The contractee deducts TDS on the payment made to the principal contractor. The principal contractor deducts TDS on the payment made to the sub-contractor. Here the Sub contractor pays VAT @ 5% under composition scheme. Whether he can claim refund of TDS from the main Contractor.
If yes, please provide the procedure for the same.

1) Please throw some light on Works Contract in Sales Tax .
2) A Sub-contractor is in the Composition Scheme and pays VAT @ 5%. The Main contractor deducts 2% TDS from the payment to be made to the Sub-contractor. Is there any form in Sales tax for non deduction of TDS?

Refund of VAT can be adjusted against CST liability. But whether Refund of CST can be adjusted against VAT liability.
If yes, Please provide the trade circular number.