an agreement have been executed by power company for construction of 33kv line where major material is being provided by company to contractor and some material will be arranged by contractor. the value of work contract is about 50lacs in which45lacsis erection carriage charges and remaining is the value of material arranged by contractor.what is applicability of vat in this case?whether power company will pay vat on material arranged by contractor or vat on full value of contract will be deducted by company?

whether VAT is applicable for textile readymades,clothes? if applicable what s the rate?

Respected All,
One of my client, purchase materials of school bag, stitched at home. I want to know what is the VAT percentage (%) on School Bag under which category.
Awiting your valuable guidence.
Thank you.

If we are giving movable property on rent to any other person then the VAT Act is applicable under right to use act

In Vat act that was specifically mentioned that VAT is applicable on giving right to use movable property

but all the big entities likw MTNL , Airtel are not charging VAT on giving modem on rent

both the companies are charging service tax on there but not charging VAT on rent .

Please tell me its important for me its urgent

any circular , notification etc which giving waiver or exemtion

plese directly mail to lkhurana@smxglobal.com

or

lalitkhurana786@yahoo.com

Thanxs

lalit khurana

Dear Experts

We are the traders in Karnataka State Registered under KVAT Act - Bangalore.

we have to export of Basmathi Rice from Punjab State / Andra Pradesh State. Shipment will go through Maharastra State - Mumbai Port (We are in Karnataka-Bangalore)


what is the implecation of VAT / Transport / Entry Tax / Other any statutories.


pls suggest me......

Dear Experts

We are the traders in Karnataka State Registered under KVAT Act - Bangalore.

we have to export of Basmathi Rice from Punjab State / Andra Pradesh State. Shipment will go through Maharastra State - Mumbai Port (We are in Karnataka-Bangalore)


what is the implecation of VAT / Transport / Entry Tax / Other any statutories.



pls suggest me......

A company is an EOU Unit. It is manufacturing goods on which VAT is payable.During the year the company purchased windmill and produced power on which vat was not payable.

Ques is whether in VAT Report we are require to mention the profit of POWER DIVISION as it is shown differently in AUdit Report as per IT.Or it is ok if just give the details of Mfg Division

Is it necessary to levied Tax on Sample invoice.If the tax has not charged on sample invoice,what effect would occured on financial.

sir against h-form, seller doesnt charge taxes on th bill to exporter.

but do the seller get tax excemption on billed products that he had purchased locally by paying vat n sell it to exporter

sir, we r in business of machinery, a exporter wants to purchase machinery from us to export s.africa sir in our bill how do i calculate tax.
he mention abut H-form. what is h-form n how does it work