Right to use movable properties like JCB or earth moving equipment to customers .

please any one tell what is the procedure for vat registration... if you had any idea about that please send it to pratheepa07@gmail.com. thanks in advance

Company's business is to hire reusable packages to its customers.

Customers are in state X and state Y.
Once cusotmer in state X completes his usage, he can send directly to the customer in state Y. If he does so, he has to pay CST as per my understanding.

Hence, to avoid that, we are going to show in the books as if he sent to the company of state x and do a stock transfer (from company in state x to company in state y) ie intra-stock transfer. But in reality customer x directly sends them to customer y.

Is this correct solution. Do you foresee any probelms with this solutioning?

Thanks for your advice.
Sridevi

Hi !

Pls resolve my follwing query:

Facts: We have opted for regular assessment under sales tax act haryana. we have taken one of the work for construction of multi story building in which steel and cement will be provided by client.Other material like brick, sand, machinery etc. will be provided by us.

Query:

1. Whether we can treat it as job work ?

2. Whether there is any specified ratio to treat it as job work ?

3. How the assessment of this work will be done ?

4. What are the formalities to comply with from our end and from client end ?

pls reply by quoting relevant sections/noti. etc of Act.

Thanks,

Regards,

Can anybody please assist me in Calculation of VAT.
For Example
I sold goods of Rs say 200000 & I incurred a Transport cost of Rs.10000.
So I will charge VAT on 200000 or 210000(including Transport cost)

Dear Sir,

Since the Central Budget has been passed in Parliament on 10.05.2008, whether the notification for reduced rate of CST of 2 % has come into effect ?

Please clarify.

S.Ravichandran

Has the reduction of CST Rate to 2% come into effect?

Whether set off is available on following items
The items are debited to profit & loss a/c
1) Staff Welfare
2) Maintenacnce of Office Equipments
3) Office Maintenance
4) Printing & Stationery

The above items and similar expenses head may exists in p&l a/c which are not directly related to sale of products.

Whether set off will be available on these items?

Sales booking in one financial year and VAT paid on same,but TDS deducted by client in corresponding financial year. where to utilise that TDS certificate? In the year of sale on in the year of payment.

is there vat applicable on job work