An entity is a Karnataka STPI registered 100% Export oriented unit of Services only.
Under the Karnataka VAT, Is the entity entitled to claim refund on the VAT paid on the inputs purchased. Please note that all the entity is 100% EOU of Services. No products are manufactured.

If yes, under which sections of the Karnataka VAT Act/ Rules can the same be claimed.

A detailed answer will be appreciated.

Sir,
Please advise me about the Entertainment tax and the applicability to the 3 Star Hotel industry, as we are planning to conduct disco with high class buffet on the 31st New Year Eve Ball, and we are planning to issue some tickets petaining to the same.(Cost includs, entry, food, liquor,etc) Please advise me ASAP.
Thanks & Regards
Harindranath Menon

Dear friends,
Please clarify the above problem,
One firm running with 3 partners on 10/09/2007 , 2 partners have with drawn their interest in the firm and additionally 2 partners have jonined the same firm. and after 10/10/2007 1 partner among the 3 has also withdrawn his interest , and the firm is taken care by the newly joined 2 partners.

Please clarify that,

The firm has not changed any PAN No & TIN number under (VAT) ,
Please clarify whether it amount to get new TIN or PAN No & clarify whether INPUT vat can be claimed in the new firm.

Dear friends,
Please clarify the above problem,
One firm running with 3 partners on 10/09/2007 , 2 partners have with drawn their interest in the firm and additionally 2 partners have jonined the same firm. and after 10/10/2007 1 partner among the 3 has also withdrawn his interest , and the firm is taken care by the newly joined 2 partners.

Please clarify that,

The firm has not changed any PAN No & TIN number under (VAT) ,
Please clarify whether it amount to get new TIN or PAN No & clarify whether INPUT vat can be claimed in the new firm.

Procedures in VAT Audit in Karnataka

Ours is a software company from Bangalore. We intend to purchase few furniture and ACs from the existing software company. Whether the seller has to collect VAT on re-sale? if so what are the rates?

We are registered under VAT & CST Act. The selling company is not registered under VAT at karnataka, but billing will be done from Gurgoan, but materialise the transfer of goods within Karnataka.

Regards
Suresh

Is it the duty of the buying dealer to ascertain that the vendor is a registered dealer and he has paid the duty collected?
If yes please give me the relevant extracts from law?

In case of a proprietorship concern suppose there are two concerns AB and CD but the proprietor is same. Vat number is alloted in the name of AB.
Can CD also use this number?

If yes please tell me the relevant extracts?

Please suggest answer to this query. My query is that how can a dealer dealing in goods claim set off for purchase of 'Motorcar' with reference to Rule 54 of MVAT ACT? Can anyone claim set off in respect of purchase of motorcar in rule 54 & how?

Dear All,


I require a clarification regarding the implication of service tax on Karnataka VAT in the following situation:

1. In case of Works contract Whether service tax collected on labour charges is to be reduced for computing KVAT?

2. Whereas Rule 3 (l) and (m) is silent regarding this issue.

Kindly clarify with some reference, if any.