What will be the procedure for input taken on goods which have been lost due to fire occured in the factory....

This query is regarding an Indian public co, they got a building constructed over a period of 2 years on running bills for abt 1 crore, are they covered under works contract act and if so if they are supposed to deduct the tax and make the payment to the contractor? . they are not paying any service charge also..

Please tell me where i can find info on this..

Dear all,

Pls explain, we are in manufacturing business and selling also. Actually we made sales against form-c & D (Inter state)
There is some sale returns, we r not filing form-c & D against that returns. But here we made sale on March'06 which is return in the month May'06 which is falls in the FY:2006-07

Now they are asking to file the forms against that sale(actually sale return)or to pay 6% tax(we explained but they r not agreeing)

Now what can we do?

Thanks & regards

CNU

Penalty For Late Filing Of VAT Return has Been Increased from 2000/- To 10000/- from 1.4.2008

Question is Whether this is appliacable for returns filed after 1.4.2008 but pertaining to earlier period or return filed after 1.4.2008 pertaining to periods 1.4.2008 and therafter?

Plz Clarify Since This is Specific Provision For Same?

Doubts in VAT returns – we are submitting VAT 200 every next month 15th day, for July 31 we raised 5 invoice but one is approved in time (August before 15th ) reaming invoice are approved after the submission of VAT 200 monthly returns – How can I show that balance invoice in VAT returns? (Should I submit revised VAT returns for July or shall I take that balance 4 invoice in this month VAT Returns August month. (Our sales are completely exempted sales so we are not paying sales tax) Please suggest.

Doubts in VAT returns – we are submitting VAT 200 every next month 15th day, for July 31 we raised 5 invoice but one is approved in time (August before 15th ) reaming invoice are approved after the submission of VAT 200 monthly returns – How can I show that balance invoice in VAT returns? (Should I submit revised VAT returns for July or shall I take that balance 4 invoice in this month VAT Returns August month. (Our sales are completely exempted sales so we are not paying sales tax) Please suggest.

My Company Registration For delhi Vat in September 20. But it Issued a bill in august with Vat & He also Purchase In july & August with Vat Input


Can Company Claim For Input Vat Taken In july & august &

In Vat return it not taken Input & Out put vat Before Registration

What is the Time limit for input taken Before Registration is it 30 or 60Days

A manufacturing company buys some input item which is subject to VAT. A part of this input is used by the company in manufacturing a product which is not subject to VAT but to earlier Sales Tax. The company makes other products which are subject to VAT.

Now please provide your professional views on the manner in which the company shall compute the VAT credits that should be reversed for the product that is not under VAT. The company cannot do this on the basis of input/output ratio because that is complex and unascertainable.


REPLY

Message

A manufacturing company buys some input item which is subject to VAT. A part of this input is used by the company in manufacturing a product which is not subject to VAT but to earlier Sales Tax. The company makes other products which are subject to VAT.

Now please provide your professional views on the manner in which the company shall compute the VAT credits that should be reversed for the product that is not under VAT. The company cannot do this on the basis of input/output ratio because that is complex and unascertainable.

We are real estate developer.We are dedcuting WCT and depositing on behalf of contractors.

Can we avail benefits of C form in purchases?