Is there is any mandatory condition for the traders to keep their GP ratio as prescribed by Sales Tax authorities(if Any)under KVAT ?
Can a Trader Sell his product below the purchase price? or is it necessary for him to keep a particular Value addition at the stage where he operates ?

A supplier received central sales tax declaration form "C" from his customer after nearly six years. The reason for delay in issuing the form was due to suspension of factory activities on account of labour problems. During this period the supplier had completed his sales tax assessment by paying the difference tax for non-recipt of "C" form. Now that the form has been received, is there any way for refund or for adjustment of the difference tax paid? Is there any time limit? If so what is the maximum time allowed? I request our valued experts and esteemed club members to advise. - Vishvesh

please let me know whether vat is applicable on sale of second hand car in assam.
if seller has not cahrged vat, whether it is to be deposited by purchaser later on.

please let me know whether vat is applicable on sale of second hand car in assam.
if seller has not cahrged vat, whether it is to be deposited by purchaser later on.

Please give me the List on which VAT Credit can be Availed

plase expalne me correct treatment of section 14 of karnataka value added tax

dear sir,
my client has been registered under VAT, but he is in to exporting of services only to his parent company i.e., it is a cost plus mark up type of a company. they also have a plan to render theese services in india. they have not filed any VAT return during the year, this was realised during the audit this year.They started operations in july 2006 and w.e.f.8/12/2006 they are registered as an STPI unit. What are the steps to be follwed now. Do you advice to continue his registration or re-register later? Is the penalty class for non filing of returns i.e. RS.50/-per day is applicable to them also?and are there any way of saving some amount of it.

please reply at your earliest.my e mail id is goven below

regards,

ritesh
sriteshkumar18@yahoo.co.in

dear sir,
my client has been registered under VAT, but he is in to exporting of services only to his parent company i.e., it is a cost plus mark up type of a company. they also have a plan to render theese services in india. they have not filed any VAT return during the year, this was realised during the audit this year.They started operations in july 2006 and w.e.f.8/12/2006 they are registered as an STPI unit. What are the steps to be follwed now. Do you advice to continue his registration or re-register later? Is the penalty class for non filing of returns i.e. RS.50/-per day is applicable to them also?and are there any way of saving some amount of it.

please reply at your earliest.my e mail id is goven below

regards,

ritesh
sriteshkumar18@yahoo.co.in

Dear Sir,

Our comapny is in agri-export business.In the month of March-April 07 we had exported 15 containers of Fresh Grapes from Nashik to Europe Countries.The packing material used for the same is Corrugated boxes for which 4 % of VAT is applicable and we had paid the same.

Kindly let me know whether we can get the refund of same and if yes,from whom i.e. from State Govt. or Box Supplier?

i want to know about the gujarat vat audit.means the format of the vat audit report,wat areas to see for the audit perspective,ets.i am also confused abt the fees to be charged for the audit.on which criteria the fees should be charged?is it on turn over basis?and it is on this crteria then hw much fees on the turn over?
pls help me in this matter,
thanks in advance