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.

Dear All,

I have a client for whom VAT audit as per Gujarat Sales Tax Act needs to be done. I would require Gujarat VAT audit report format for a manufacturing concern.

Thanks
Hetal

Is it only for the manufacturers to sell the goods at exempt rates(due to their location) or can the reseller also sell the exempted goods at the exempt rates in tax zone???

Who can claim set-off in respect of purchase of motorcar with reference to Rule 54 under MVAT ACT,2002?

Whether right to use Act applies on renting of Chartered Planes. Further whether there is any difference in renting of planes just like in the case of yellow black taxi and ordinary taxi

When we pay our vendors for transportation of goods, vendor charges his service charge + octroi. VAT is applicable for the sevices provided, but is it applicable on Octroi Charges too...Please help....

Our company caterer incurred certain repair charges which we were supposed to reimburse.
He raised invoice for reimbursement. He got the repairs done by a service centre and produced invoice raised by that service centre as supporting.
The service centre had charged VAT @ 0.5 %.
In the invoice raised by the caterer, he has charged VAT @ 4 %.
Should VAT be paid on reimbursement when it is very clear that the caterer is not making any profit out of that transaction.

Pls let me know about the Composition scheme for works contract.basically i want to know how we derive the actual turnover for hotel industries and other such undertakings whic provide srevice.