sumeet
This Query has 7 replies

This Query has 7 replies

Can anybody give me the new notification dated 30.05.2008 for change of CST rate from 3 % to 2 %.
Thanking you in advance.


CA.Aakhilesh
This Query has 2 replies

This Query has 2 replies

28 May 2008 at 15:24

credit of vat

Hi Nilesh Damji,

can be set off VAT paid on centralised purchasing with VAT payable on sales by various sales depot in various state?

We have a head office at DELHI and all purchase i.e. raw material and packing material through head office and transfer to manufacturing unit in other state and thereafter finished good t/fd to sales depot in other states.

Vat paid on such purchases can be set off against vat payable on sales by such sales depot in various states.


m s c shekar
This Query has 2 replies

This Query has 2 replies

28 May 2008 at 07:25

VAT on service charges in hotels

pl clarify on the following -
hotel tariff goes like this :
Service charges 3 % on Room Sales ;
5 % on F & B sales
VAT : 12.5 % on F & B

Restaurant bill goes like this -

Food sales : 1,000
Service charges -5% : 50
total : 1,050
K - VAT - 12.5 % : 131
Total : 1,181

Is this correct ? does service charges attract K VAT ?

please clarify


CA.Aakhilesh
This Query has 2 replies

This Query has 2 replies

27 May 2008 at 16:55

credit of VAT

Hi Nilesh Damji,

can be set off VAT paid on centralised purchasing with VAT payable on sales by various sales depot in various state?

We have a head office at DELHI and all purchase i.e. raw material and packing material through head office and transfer to manufacturing unit in other state and thereafter finished good t/fd to sales depot in other states.

Vat paid on such purchases can be set off against vat payable on sales by such sales depot in various states.


C.k.chamy
This Query has 5 replies

This Query has 5 replies

27 May 2008 at 16:09

Vat @ 15% ?

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?


C.k.chamy
This Query has 1 replies

This Query has 1 replies

27 May 2008 at 16:09

Vat @ 15% ?

Hi,

One of my supplier has submitted proforma invoice in that he is caliming VAT @ 15 % . This is intra state ( Delhi and orissa) supply. They are asking based on the oral announcement.

Is it right ?

Have we received any notification or Circular related to this?


dileep
This Query has 2 replies

This Query has 2 replies

27 May 2008 at 14:05

carryforward of vat

hi friends iwant a small information regarding vat tretment.
vat input is more than vat out put and iwant to carry forward vat amount. so how should i pass an entry so that i can carry forward vat input amount to next month.


Common Man
This Query has 4 replies

This Query has 4 replies

27 May 2008 at 13:08

Indirect Tax

I received goods from other state . On them i paid VAT Rs.50000
I have to pay VAT in my State(Gujarat) Rs. 70000
What is my final VAT liability . . ?


mint
This Query has 3 replies

This Query has 3 replies

27 May 2008 at 12:56

VAt v/s CST

Hi All

I am little bit confuse about the Vat and CST like when Vat is applicable and when Vat is applicable.

For Example I have purchased a goods from Out Side of Noida like Gujrat My vender Charge me a tax for 5% and he said that this is the CST or Vat, If I am not providing him C form For Central purchase else the rate is 3%.

Kindly clear my doubts

Reg
Mint


S Chouhan
This Query has 1 replies

This Query has 1 replies

26 May 2008 at 15:48

ADJUSTMENT OF VAT INPUT

A dealer registered under VAT Act in W Bengal and having its office at Delhi. He purchased the goods in W Bengal and send it to its branch at Delhi.
A)Can the dealer adjust the input of such goods material with the output of other goods or
B) can it be carry forwards for subsequent adjustment with Output in next quarter(s)
C) Can it be claimed as refund?
Please clarify.






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