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.


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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?

Hey All,

1) I wanted to know.... that in Monthly VAT Return.... for purchase .. have given all the TAX INVOICE details for which i shall get the Input Tax credit... but for Retail Invoice i don`t recive any benefit.... so shall i give the details of Retail Invoice for the VAT Return or not.... and is it necessary....

2) And when i purchase some goods in TAX/Retail Invoice outside State does those invoice do any benefit .... and should i give the details of the same in returns....

Dear Sir,

Under Punjab Vat last date for submission of Form 'C' was 30.06.08 for 2006-2007 year. The forms received from clients were submitted in time alongwith the list of forms not received. But for those not received what is the penalty or interest apart from 6% balance C.S.T. to be paid?

I am a mfr in Mumbai. my 1st sale to a party in Ahmedabad(Trader/Reseller). He sells it to a consumer/contractor in Rajkot. What VAT/ Local tax should Ahemedabad reseller charge to Rajkot consumer if : case1 - its a Form E1 transaction; case2 - its a Form C transaction?

Dear all,

Pls explain,

we r in Manufacturing Business, and we r purchasing goods from local parties as well as Out station (Inter state purchases)

we r goods purchased from local party but he supplied goods with his party who is from out station(Interstate transaction)
means he was purchased goods from that party and directly delivered(from interstate party) to our company. Invoice also raised on that party name and through that party they supplied. We have proof for goods supplied from out of state and party raised invoice against form-c (tax rate also cst-2%)Now he is asking form-C and telling i given form-E1 to that party, so pls issued form-c on my name.

Whether we can issue form-c or not? pls explain?

hello all, i have some queries about "Gujarat VAT" input crdit which to be solve. i am working in a manufacturing company, and recently i got involved in Sale tax matters of my company and our first VAT assessment is under process. as the VAT act is new for all us many confusions are there, following are some queries which has to be solve at earliest.
1. first query about Branch transfer, as per VAT act there is provision of 4% reduction in ITC on "taxable turnover of purchases within state." the assessing officer is saying that we have to reduce 4% on whole taxable purchases within state i.e. my taxable purchases is 1000 and BT is there 50, then he suggested to reduce rs. 40 from ITC instead of Rs.2, is that correct? as language of Act compel to obey him but logic not allow to do so. further i observed that my most of BT is purchases of OGS and Manufactured Scrap (i.e. imported or CST purchases) hence i didn't availed ITC on most of items, is there need to reduce the ITC by 4%.further as per assessing officer BT is BT whether it is outside state or within state and you have to reduce 4% necessarily(pl note that we have three units within Gujarat and having seperate registration no for each.)
2. the second objection was for SCRAP sale to third party, as there are a few categories of scrap defined in schedule and list of commodity Scrap made from non-ferrous metal and alloye,Scrap of non-ferrous metal and alloy,Iron scrap, rubber scrap. but scrap may arise from anything used in plant i.e. empty drum, waste and used lubricants & oil, empty tins, wooden wastes, HDPE scrap..etc. i want to know how to apply the tax rate on any scrap?
3. the assesing oficer objects for ITC on store cosumables i.e. Ball bearing, nut bolts, grease & lubricants. as it comes under "processing matarials" can we avail the same? further we have to use the LPG and oxygen for cutting and welding, he treat this as fuel and advised to reduction of 4% as per sec 11(3)(b)(iii).
i know that it will take your a lot of time, but you are requested pl help out me. Thanks

if a cell phone company billed cellphone to its distributer Rs 1200/- plus VAT per unit and thereafter give subsidy of rs 500/- per unit and distributers sold the unit amounted to Rs 725/-

plz suggest accounting treatment of Subsidy of Rs 500/- in the books of Distributer.