This Query has 4 replies
could the vat be charged on the freight mentioed in the purches bill.
the purchase order was given freight exclusive.
This Query has 3 replies
Dear Members,
One of our clients have been selected for MVAT Business Audit.
The Sales Tax Officer is of view that "C" form has to be received on Total Sales Value (i.e. net + tax amount), but our client has received a "C" form which is of Net Amount, is there any circular/ notification or some clarification that "C" form can be issued on Net Value.
This Query has 4 replies
I would like to know last date of submitting VAT Audit report.
This Query has 5 replies
I would like to know the last date for submission of VAT audit report under the MVAT Act.
This Query has 2 replies
Hi all,
How Works Contract Tax will appear in the bill of Works Contractor with respect to different provision of VAT Act and also subject to different practical situation?
Plz clear the concept with example, if possible.
This Query has 4 replies
If an Employee buys the Car as per the company lease and Company paid the entire amount through cheque including taxes, VAT etc which was being deducted from the Employee salary on a monthly basis and spreaded across three years.
If the Employee wishes to leave the Company in the same financial year and the Car has to be transferred to the Employee name, could you please confirm if the Employee need to pay the VAT (or any other tax) again and if yes, on what amount?
This Query has 4 replies
What are the conditions for vat refund in case of exporters ?
This Query has 1 replies
I want to know about all tax benefits in Goa, Daman & Diu for a Polymer (Plastics) Company
This Query has 3 replies
Does the Jharkhand Vat act allows deduction against Works Contract on account of Exps against Labour, Transportation, Gross Profit.
What is the due date of Filing of audit report under Jharkhand vat Act.If not filed what will be the consequences,
This Query has 3 replies
Suppose a company (A Ltd.) which is a service oriented company gives a contract to a contractor (B Ltd.) for interior work of a newly acquired premises. Total contract value is 1.5 crores. The contractor charges 12.5% on 80% of the contract value and service tax on 20% of the value. Company (A Ltd.) deducts TDS on contract under income tax act. Do company (A Ltd.) needs to deduct TDS under section 31 of MVAT, 2005 on payment made to contractor (B Ltd.). If yes, then on what amount it needs to deduct TDS under MVAT.
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vat applicability