Mukesh Bansal
This Query has 3 replies

This Query has 3 replies

15 March 2008 at 13:39

interstate purchase and local sales

i am registered dealer in delhi, i have got an order from delhi dealer so i purchased material from uttarpradesh and send directly to customer. my sale to delhi dealer will be exempt from CST or not ? whether i can receive E-1 form from uttarpradesh dealer and can give c form to uttarpradesh dealer ? my customer in delhi will give me c form or not? my sale to my customer in delhi will be treted as sales in the course of movement of goods and will be covered u/s 3(b) of CST act.


Sushant Panigrahi
This Query has 4 replies

This Query has 4 replies

11 March 2008 at 12:51

Insurance

1)Suppose i am an insurance company &
2)i am settling a claim on behalf of damaged Motor Vehicle whose historical cost is say 5 lakhs, and i am settling the claim at 2.5 lakhs, in excchange of that damaged car.
3)When i sale the damaged car i will realised only Rs 10000,what will be the cost of the vehicle for charging VAT, Is it 2.5Lakhs or RS 10000


himanshu
This Query has 7 replies

This Query has 7 replies

10 March 2008 at 15:51

input VAT credit on CST Payable

Please help me?
Can a manufacturing concern adjust its CST liablity with input VAT Credit-Rajesthan


Nagendra Kumar
This Query has 1 replies

This Query has 1 replies

07 March 2008 at 20:36

Composition

What is composition?under this method how VAT is leived? at what Rate?


balasundaram
This Query has 2 replies

This Query has 2 replies

05 March 2008 at 17:24

Branch transfer - Form 'F'

Our company is executing mechanical works (mechanical works contract, like fabrication of dame gates) in all states in India. H.O. is registered in Andhra Pradesh and also registered other states also ware the work was allotted.

We have purchased the motors at HO in AP from AP/Other States against form ‘C’ with AP TIN.

Q1. The motors as it is sent to Maharashtra (other state) what is the VAT/CST liability in AP and Maharashtra
Q2. the motors fixed with Mechanical Hoist (fabricated some other manner) and sent to Maharashtra what is the VAT/CST liability in AP and Maharashtra
Q3. what about Form ’F’ and what documents will be produced to Commercial Tax Dept. where we will get the ‘F’ Forms and when we will get (i.e. Yearly of every transaction)

In the above cases without tax liability how can i send the material pl. suggest .

Thank you sir.
balu


prakash
This Query has 3 replies

This Query has 3 replies

03 March 2008 at 12:28

Software - VAT CST and Seravice Tax

Dear Sir, I would like to know If we bill the Software AMC (Annual maintenance contract) on the supply of basic software to our customers. Applilcability of VAT and CST. If the software maninteance is done (1)Only on telephonic support or (2)Customer onsite support with in the India.
Secondly any service tax is applicable on the maintenance of Softare billings. Thanks


sachin
This Query has 2 replies

This Query has 2 replies

03 March 2008 at 11:02

Works contract Tax

one of my client dealing in interior design. Company mfg furniture in mumbai & then fixing & providing ( incl labour charges for fixing)in out of maharashtra at client place. when same doing in maharashtra then he charge the vat 8% under WCT. and what will be the vat tax rate for out of Maharashtra sale? now they charge CST @12.5%, is this right.
pls guide early.


vikash
This Query has 6 replies

This Query has 6 replies

29 February 2008 at 16:07

applicability of vat

sir
i just want to know that M.R.P.for any product include VAT or not
sir some days before i purchased a computer accessory.On product it is mentioned MRP price but vendor chaged vat on that MRP price
ishe right
thanks


vikash
This Query has 6 replies

This Query has 6 replies

29 February 2008 at 16:06

applicability of vat

sir
i just want to know that M.R.P.for any product include VAT or not
sir some days before i purchased a computer accessory.On product it is mentioned MRP price but vendor chaged vat on that MRP price
ishe right
thanks


Income Tax
This Query has 1 replies

This Query has 1 replies

28 February 2008 at 13:49

KVAT input credit

Dear All,
Kindly confirm whether we can take input credit on following items for a Company in Karnataka engaged in manufacture of Industrial springs.For Details Below

1) Time attendance software for Workers
2) Angles & Flats purchased for Racks
3) M S Table
4) EPABX & telephones installed in factory
5) Trincular Stereo microscope
6) Grinding blocks for CNC grinder

Regards





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