A company deals in computer and related parts. It also provides AMC and services to its clients. On AMC bills they charge 12.36 service tax on basic AMC amount. Thereafter should they levy VAT on basic and service tax amount. The company is not under composition scheme. What difference it will make if it was under that scheme

A company deals in computer and related parts. It also provides AMC and services to its clients. On AMC bills they charge 12.36 service tax on basic AMC amount. Thereafter should they levy VAT on basic and service tax amount. No the company is not under composition scheme. What difference it will make if it was under that scheme

Dear All,

Please clarify the changes in commercial Taxes with effect from 1st Aug2008,in Karanataka state, one of Point(12th Point)
"Contractors Purchasing iron & Steel, Hardware,timber,plywood & Similar goods are liable to deduct tax at source",

Please clarify the Point & what is the process how to follow the point

Thanks & Regards
Durga Prasad Garaga

My Mail ID durgaprasad@asterinfratek.com

Dear All,

Please suggest,

Sir, we are in manufacturing and selling Business. Now the problem is we are sending goods for Jobwork purpose local and out station parties also (Inter State)
One of our party is in Bangalore and we are purchasing goods from local party and sending directly to our bangalore party.
Our creditor is charging 3% CST against form-C. (after completion of jobwork they are return goods to our Hyd plant) In this regard can we issue form-C or Not? If yes, can we collect any proofs from them? One more point is our people also raising purchase order against form-c, 3% CST.

Please suggest me!

Thanks & regards

srinivasuluc

our company(new company) deals with hardware of computers.
recently we purchase a new 20 pcs (pondichary). including exise duty.same pc i was seal here with 4% vat.how can i file the vat
*How can i file VAT
*that is VAT or CST,how much i payable tax i.e 4% r 2%
* some one said that i have to fill the C form
* What is link of C Form AND VAT

Kindly please help me.

Hey All,

Well i wanted to know if my firm is registered in Assam, and i have done an work in Arunachal Pradesh .... and in our bills i have raised VAT ...... Now the concern authority who gave us the order are saying that we should have registration of Arunchal Pradesh and pay the VAT in AP as the work has been done in AP.... but according to me as im registered in Assam i have to pay the Tax in Assam for any work done in whole over india.

Please suggest what shall i do....

and moreover i had made some payment in reference to the VAT of the said work in Assam.

Actually the Section 60 of Gujarat VAT Act requires Tax invoice to be raised for sale to VAT dealers. For Inter State sale we need to raise a separate series of invoice. For unregistered dealers we need to raise retail invoice. Unfortunately the section 60 of the Gujarat VAT prescribes heavy penalty for non compliance.
I personally feel these provisions do not any way plug the loop hole of any revenue loss to the department.

I want to know that what can be intenstion of the department behind imposing huge penalty ?

The client has a factory at Gandhidham (Gujrat), from where he first transfers his goods to Mumbai warehouse, and then sells his goods to Mumbai customers charging VAT. In this way he avoids CST. Is it correct?

Hello,

Is is possible to availe and utilise credit on CST . Please provide me the details of section and and example(CaseLaw)


Thanks in advance

CA Tejashwini

on 31st march 08, my VAT a/c shows a credit(refund due)of around Rs. 4 lakhs. Should i claim for refund or should i carry it forward in the next year to set it off against next years liability?.