Sir,

We are producing Refined oil & purchased goods from exempted unit(PSI-1993).

Exempted unit raised invoice upon us, without charging VAT, in that case whether we can claim a VAT SET OFF.

If yes, what is the procedure.

Kindly furnish me the rate of VAT on spare parts of Diesel Generator sets (i.e spare parts of engine & alternator)in Gujarat state. Also, provide me the Schedule & Sr.No. defining the rate of tax. Thks & Rgds.

XYZ dealer located at Pune, Maharashtra, purchases goods from PQR Chennai, Tamilnadu with 2% CST . Same goods are resale to ABC Thane, Maharashtra. In this case while reselling the goods which sales tax is applicable, whether VAT or CST? In this transaction goods are directly deliverd from Chennai to Thane & Invoiced to Chennai to Pune .

with reference to Delhi Vat and U.P. Vat,input credit in respect of Spares of Machinery which are charged off to P/L A/c will be allowed whether in one year or Three year?

SIR ,MY CLIENT HAVE LOCAL PURCHASE INPUT TAX CREDIT ,NOW HE IMPORT (HIGH SEA PURCHASE) ,THIS ABOVE GOODS SALE TO LOCAL SALES AND INTER STATE SALES AND TAX LIABLITY OF THIS SALES GOODS CAN BE SETOFF AGAINST INPUT TAX CREDIT OF LOCAL PURCHASE.

IMPORT PURCHASE GOODS TAX LIABILITY STATEMENT
TAX LIABILITY OF LOCAL SALES = 4%
TAX LIABILITY OF INTER STATE SALES = 2%(C FORM)
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TOTAL 6%
THE ABOVE TAX LIABILITY OF IMPORT GOODS CAN BE SET OFF OR NOT AGAINST LOCAL PURCHASE INPUT TAX CREDIT PLS PLS PLS PLS CLARIFY SIR

I WANT TO KNOW WHAT IS THE DOC. REQUIRED FOR REGISTRATION IN DELHI VAT AS WELL AS CENTRAL SALES TAX? HOW MANY DAYS TO BE REQUIRED FOR GETTING CERTIFICATE? WHAT IS THE PROCESS FOR REGISTRATION?

PLZ SOVE DEARS

For calculating Tax liability in Form 704 (Maharashtra) can we take set of between CST 12.5% (Unregistered dealer) with CST 3% (registered dealer).


Thanks in Advance.

Thanks & Regards.
Mahendra

Please provide your inputs respect of reversal of Cenvat credit, availed on capital goods, at the time of retirement of asset: Case1: Capital Asset (useful life 4 years) is retired within 1 year of its acquisition? Case2: Capital Asset (useful life 4 years) is retired after 2 years but less than 4 years? Case3: Capital Asset (useful life 4 years) is retired after its useful life i.e. 4 years? As per second proviso of Rule 3(5) of Credit Rules: "Provided also that if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output service shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by 2.5 per cent for each quarter of a year or part thereof from the date of taking the Cenvat Credit". What will be impact of this proviso in above mentioned cases?

Respected All,
I hv some query,
1) What is the exact percentage available for set-off on purchase of capital asset after 01-04-2008 ? (Vat 12.5% or 4%)(Under Maharashtra VAT Act).
2)I have purchase electric material for office reapiry in this bill we have received input vat 4%. Can we take claim for this as revenue expenditure?
(Under Maharashtra VAT Act)
Please give Under which VAT Section this comes.
Awaiting your valuable guidence.

WHERE TO DEPOSIT TDS ON WCT?

MY CO. HAS ALLOTTED NO. OF CONTRACTORS WORKS CONTRACTS UNDER ANDHRAPRADESH VAT RULES 2005.

NOW AT THE TIME OF PAYING THE AMOUNT WE DEDUCT TDS ON WCT . WHETHER WE'VE TO DEPOSIT THE TDS ON WCT AMT IN OUR SALES TAX CIRCLE WHERE WE ARE DEPOSITING OUR VAT? OR WE HAVE TO DEPOSIT THE AMOUNT AT THE RELATED SALES TAX OFFICE OF THE CONTRACTOR? PL. SOLVE THIS WITH RELEVANT RULES /SECTION OF AP VAT RULES 2005 OR AP VAT TAX 2005.